INTERGLOBE AVIATION-UP FOR SWING TRADE
InterGlobe Aviation: CMP:4469; RSI: 69.62
As per Elliot wave analysis, Inter Globe Aviation has completed primary wave-4 formation @ 3780 and motive wave-5 is in its initial phase of expansion. Confirmation of the same will be evident when script give close above 4885 levels on closing basis. A swing trade is poised in the near future with a upside of 15-20%.
Call For Aggressive traders
Call For long term Investor
As per Elliot wave analysis, Inter Globe Aviation has completed primary wave-4 formation @ 3780 and motive wave-5 is in its initial phase of expansion. Confirmation of the same will be evident when script give close above 4885 levels on closing basis. A swing trade is poised in the near future with a upside of 15-20%.
Call For Aggressive traders
- Buy Zone: 4400-4500
- Stop Loss: 4300
- Resistance Zone: 4772-4885
- Target 1: 5125; Target 2: 5400
Call For long term Investor
- Buy above: 4900
- Target: 6400 (1 year time frame)
- Stop Loss: 4300
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