IndiGo Gains on Fee Changes and Lower Crude Oil

IndiGo gained 1.55% as fee revisions and easing crude oil prices supported sentiment. Traders are tracking ₹5,060–₹5,280 resistance and key support zones. IndiGo shares recovered from recent lows as passenger fee revisions and easing crude oil prices supported investor sentiment. InterGlobe Aviation (

) closed at ₹4,920, up 1.55% (₹75) on Friday, September 18. The recovery was supported by the airline’s revision of charges for excess baggage, infant tickets, unaccompanied children and its Fast Forward priority service. Excess baggage charges were increased to ₹800 per kg from ₹700, while infant ticket charges were revised to ₹3,000 from ₹2,000. Easing crude oil prices also aided sentiment, helping the stock recover over the past two trading sessions. IndiGo has witnessed a rebound from recent lows, supported by improving sentiment and lower fuel-cost concerns. However, the stock remains below key resistance levels after a shift to a lower-high, lower-low structure. ₹5,060–₹5,280 remains a crucial resistance zone, while ₹4,700–₹4,550 may act as important support levels for the near term. Disclosure: Neither I nor my family members hold any position in the mentioned scrip. This content is shared solely for informational and educational purposes and should not be construed as investment advice or a recommendation to buy or sell.