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INDIGOMARKET OUTLOOKSTOCK OUTLOOK

INDIGO Outlook for the Week (October 16, 2023 – October 20, 2023)

INDIGO
INDIGO
INDIGO closed the previous week on a negative note losing 7.20%.

Technically, INDIGO share price will see immediate support at 2,488.62 and immediate resistance would be seen at 2,678.07.

If INDIGO share price closes below immediate support of 2,488.62, then sharp breakdown can be seen. INDIGO share price will see major support at 2,369.73 for the week.

On the positive side, immediate resistance will be seen at 2,678.07. Closing above 2,678.07, INDIGO share price will see a sharp breakout. Major resistance for INDIGO share price will be seen at 2,748.63 for the week.

Trading range for INDIGO share price for this week should be between 2,299.17 on down side and 2,867.52 on up side.

INDIGO Previous Week High: 2629.75

INDIGO Previous Week Low: 2440.3

INDIGO Previous Week Range: 189.45 Points

INDIGO share price support and resistance for the week (October 16, 2023 – October 20, 2023)

Level Type Value
Resistance 3 2,867.52
Resistance 2 2,748.63
Resistance 1 2,678.07
Support 1 2,488.62
Support 2 2,369.73
Support 3 2,299.17
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