Wednesday, September 20, 2023

Rationale report – 19.09.2023



Recommended stocks on – 19.09.2023

(1)         INDIGO  -

Ø Buy price : 2396

Ø Strong Support : 2350

Ø Resistance price : 2413 - 2427 - 2440

Reasons for Buy Recommended –

IndiGo is showing strong bullish momentum supported by record passenger demand, stable fuel costs, and technical strength.

IndiGo is consistently profitable with growing revenue per passenger (RPK).

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