Update on Overbought stock Indigo. Target almost hit. Revised Target.

Update on Overbought stock Indigo. Target almost hit. Revised Target.

We recommended a sell in Indigo (Interglobe aviation) at 1147 for a target of 1100. Stock has hit 1101.5 today morning.

Stock is trading at 1117 now. You can book partial profits close to 1110. Sell on any rally towards 1135. Revised Target 1080. SL revised to 1154.

Earlier call on Indigo:

Technical overbought: Sell Indigo 1147. Target 1100. SL 1182. 2 sessions.

 

source https://gale.in/update-on-overbought-stock-indigo-target-almost-hit-revised-target/