INDIGO to DUMP on Earnings!

Attached: Daily Live Chart 24th Jan 2025

- Price below POC Volume Profile, 20 DSMA & Chandelier Stop
- Sideways consolidation waiting to DUMP
- Larger Bear Flag + Super Bearish HNS🐻🔨📉
- Price also below Ichimoku Cloud

Sub 4000 to 3750, to 3500 downside target🎯
Downside can stretch all the way to 3200 to 3000🎯 as well as Price would trade below the 200 Day EMA and the Worst Price Declines happen below the 200 day moving average!

And another Bearish Fundamental note is:
In last 6 months, promoter holding in the company has decreased by 6.02% and they are the largest holders of the stock while DIIs (Mutual Fund) holding has been continuously increasing meaning mean Smart Money dumping/ Change of Hands