It can form an head and shoulder pattern
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it has formed inverted 3L-R pattern
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LOWER CIRCUIT
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TRADING BELOW 1200
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FOR INVESTORS DONT TRY TO CATCH FALLING INDIGO,LOWER SIDE IS LEFT.iF U GET IT AT 1000 THEN ONE CAN ENTER
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MALAMAL TRADE FOR ME
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15% DOWN
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1st Target reach,hope it will get second also
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at resistance
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LAST THREE DAYS TESTING RESISTANCE,TILL NOW FAIL TO CROSS
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resistance trendline is strong enough to throwback prices,trading at 1170.
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SECOND TARGET IS ACTIVE
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i have estimated it to fall to the level of 1000 near 5/7/2018,just 80 rupees away from our target,let see it will hit or not.
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time estimate is not accurate but price target reach today.
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second target of 1000 achived
Chart Patterns

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