INDIGO FLY HIGH

Time to buy Indigo (1647) as we saw continues rally in market and with results season some of the stocks become active and this aviation stock presently looking good ahead of results. On Technical side stocks trading above all major moving average in daily charts and on stochastic oscillator towards northward direction is a good sign for uptrend confirmation and MACD at negative five show strength to go up more upside with the target of 1800 level for the time period of 10 days. Over technical indication shows this stock will fly high.

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