Wednesday, March 8, 2023

Rationale report – 08.03.2023


Recommended stocks on – 08.03.2023

(1)         INDIGO -

Ø Buy price : 1868

Ø Strong Support : 1830

Ø Resistance price : 1888 – 1894 - 1900

Reasons for Buy Recommended –

IndiGo demonstrates strong technical indicators and robust revenue growth. The company's revenue has increased by 67.58% during the same period.

Over the past three years, IndiGo has achieved a profit growth of 50.38%. The company's strategic shift towards international expansion and premium services may offer growth opportunities.

Recommended stocks on – 06.03.2023

(2)         INDIGO -

Ø Buy price : 1870

Ø Strong Support : 1818

Ø Resistance price : 1894 - 1903

Reasons for Buy Recommended –

Technical analysis indicates a neutral positive outlook with a target price above current levels.

Recommended stocks on – 16.02.2023

(3)         INDIGO -

Ø Buy price : 1909

Ø Strong Support : 1870

Ø Resistance price : 1933 - 1940

Reasons for Buy Recommended –

The stock is showing short-term bullish momentum.

 


 

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