Technical Analysis InterGlobe Aviation Ltd (INDIGO)

The stock

is after a massive bull run that peaked near ₹6250 in late 2025 the stock has entered a significant corrective phase. There was a steep decline around November 2025 which shifted the momentum from bullish to bearish. The stock is currently trading at ₹4827.20. It is no longer making Higher Highs which suggests the primary uptrend has paused or reversed into a sideways consolidation. Immediate resistance the ₹5000 – ₹5250 zone. The stock recently tried to bounce but faced rejection here. It needs to cross and hold above ₹5,250 to show real strength. Major resistance the previous peak near ₹6250. This remains the long-term target for bulls. Recently support the ₹4500 – ₹4600 range. You can see the price recently bottomed out here and started a small recovery. If it breaks below ₹4500 we could see a deeper fall toward ₹4200. The price is currently moving sideways between ₹4600 and ₹5000. This is known as a base building phase. For buyers it is risky to enter right now as it is stuck in the middle of a range. A safer entry would be if the stock sustains above ₹5100 with high volume. NEWS War makes IndiGo highly risky because it hits the company from three sides rising fuel prices a weaker Rupee (which increases dollar-based lease costs) and lower travel demand due to global uncertainty. Technically if the war causes a market panic the stock is at high risk of breaking its ₹4500 support and sliding toward ₹4000. Until the geopolitical situation stabilizes the outlook remains bearish and volatile. Technical analysis is based on historical patterns and does not guarantee future results. Always use a Stop-Loss to manage your risk.