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NIFTY UPDATES : POSITIVE Stock - INDIGO

As MENTIONED IN  NIFTY  VIEW ARTICLE ON 24.03.2025 : Accordingly, nifty has reclaimed 23650+ level after 1000-1200 point downward move after touching the resistance level near 23800 on 25th March.



Stocks in  Positive breakout ;   which suggests  this stock may see accumulations at dip and go further  up side gradually.


1) INDIGO   (INTERGLOBE AVIATION  LTD) (5344)

INDIGO 


RATIONALE:  STOCK TRADES  at 5347 near level of  swing previous high , stock has formed Higher-high , Higher - low price pattern in 1 hour chart , although  Relative strength indicator suggests strength in positive move supports  the momentum for upside continuation. 

Strategy: buy at dip 

Hence,  stock  expected to  move towards 5550 /5670 in upcoming trading sessions , as a  buy at dip strategy stock may be accumulated up to 5150 with stoploss of 5000 on closing basis


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