Panchalk

Breakout from channel

Panchalk Updated   
NSE:INDIGO   INTERGLOBE AVIATIO
Indigo has BO'd but 1895-1900 is a resistance zone for it...If it opens with reasonable volumes and moves up with good momentum it can reach targets mentioned...let us wait and watch...aviation sector has been hit during covid 19 crisis and as things stand there is still uncertainty..
Comment:
target 1 achieved...it successfully navigated resistance zone and is now at 1944. Keep watching
Comment:
Retest of channel and moved up..8% today. CMP 2135
Comment:
All targets done...in fact there is a longer term target which is not marked - 2500... today it has moved another 6.5%...CMP 2282..going fine as of now...let us see what happens next
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