Timeframe: Daily
On the daily timeframe chart, NSE INDIGO shares present a mixed outlook. Yesterday’s candle broke below the 20, 50, and 100 EMAs, with the price now moving towards the 200 EMA. The ATR has increased to 122.17, while the ADX stands at 15, indicating low trend strength. The price has completed wave ((B)) and is now initiating the downward final wave ((C)).
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Great attention to detail on this chart! Your support and resistance levels are crystal clear. 💯
This wave count is perfect, its a textbook example of advanced technical analysis!
Good share! The way you’ve connected the dots is just amazing!
Outstanding analysis! You’ve identified key market patterns with precision.