INDIGO - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 4.2

Here's your detailed technical chart analysis for InterGlobe Aviation Ltd (INDIGO) — this one's soaring near all-time highs with bullish signals flashing across the board

✈️ Trend & Moving Averages

Current Price ₹5,756 is above both 50-DMA (₹5,655) and 200-DMA (₹5,011) → confirms bullish trend with strong momentum.

Trading close to its 52-week high ₹6,019 (only ~4% off) and has rallied ~52% from the low of ₹3,778.

52w Index: 88.2% → near peak territory, indicative of an extended uptrend.

🧭 Trend Status: Trending upward, with minor consolidation possible near resistance zones.

📉 Momentum Indicators

RSI (48.5): Neutral zone, slightly below the key 50 level → room to move up; no immediate overbought concerns.

MACD (46.7): Strong positive divergence, indicating sustained bullish momentum.

Volume (6.5L) > Avg Vol (6.0L) → confirms buyer interest near key levels.

📈 Momentum Verdict: Bullish continuation in play; may consolidate briefly but signs of strength prevail.

📊 Bollinger Bands Overview

Price likely hugging the upper band, suggesting ongoing upward bias.

No squeeze detected → volatility is healthy, supporting trend continuation.

📍 Support & Resistance Zones

Zone Type Price Range (₹) Commentary

Support 5,650 – 5,700 Minor pullback zone, aligned with 50-DMA

Resistance 6,000 – 6,050 52-week high cluster, breakout zone

Breakdown Below ₹5,550 Trend reversal risk increases below this level

🎯 Trade Setup

Entry Zone: ₹5,700–₹5,740 (pullback entry near support)

Exit Zone: ₹6,000–₹6,050 (targeting breakout move)

Stop Loss: ₹5,645 (below 50-DMA buffer)

📌 Conclusion

INDIGO is flying high, supported by bullish technicals and strong financial momentum.

Traders can look for momentum continuation trades, especially on dips.

A strong breakout above ₹6,050 with volume will solidify bullish strength and open room toward ₹6,300–₹6,500 targets.

Want to line up this chart next to SpiceJet, Air India’s IPO chatter, or aviation ETF performance? I can build a flight path for sector sentiment too 🛫📊

Edit in a page