Indigo - Trend Reversal on charts
INDIGO
1) Chart attached in media
2) This is weekly chart
3) As we can see there is spinning top at the bottom
4) Spinning top generally indicates trend reversal
5) After the spinning top we see a good amount of rally
6) For traders low of the spinning top is the stop loss
7) One can trail the SL once stock gives good up move after the spinning top
8) This is old data
9) Older than 3 months data. This is for information and learning. This is not a buy/sell call.
Thank you,
Technofunda24
#WatchOutFor#TechnicalViews

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