Indigo - Crude falling
With crude falling from the top and the trend thus far seeming negative..Aviation could get a good boost..
With most of Indigo's competition (except Tata's) on super weak footing thanks to the losses during high ATF prices Indigo now has a very dominant position in the market.
There is a nice tight consolidation happenning and if it can break out..
Long above 2135/2140 with a stoploss below 2075
With most of Indigo's competition (except Tata's) on super weak footing thanks to the losses during high ATF prices Indigo now has a very dominant position in the market.
There is a nice tight consolidation happenning and if it can break out..
Long above 2135/2140 with a stoploss below 2075
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