INDIGO

's Situation

Aviation is witnessing a sharp rebound after a deep corrective move, with buyers stepping in strongly near the ₹4,900–4,950 support zone. The swift recovery from lower levels suggests demand-led buying rather than panic selling. If the stock sustains above ₹4,950, the structure can stabilise and attempt a move back toward the ₹5,200–5,300 zone. Overall, the pullback appears corrective within a broader bullish trend.