Technical and Sentimental analysis of INDIGO share price on 19th May 2021

INDIGO share price analysis

INDIGO forms Bearish Engulfing candlestick pattern

The pattern appeared at the top of the uptrend. This indicates the stock likely to go down. Better book profit by selling some of your shares
Book Profit

RSI indicates Neutral zone

RSI(14) value is 56.69, which is between 20, 80 and indicates Neutral zone. just hold your shares
Neutral

Recent brokerage reports

Broker Date Price on reported date Recommendation Target price Current price Target %Change Current %Change Possible %Change
Motilal Oswal 2021/04/12 1605.75 Neutral 1530 1682.7 -4.72% 4.79% -9.07%
BOB Capital Markets Ltd. 2021/01/29 1547.75 Sell 1100 1682.7 -28.93% 8.72% -34.63%
BOB Capital Markets Ltd. 2021/01/28 1547.75 Sell 1100 1682.7 -28.93% 8.72% -34.63%
Prabhudas Lilladhar 2021/01/28 1547.75 Accumulate 1780 1682.7 15.01% 8.72% 5.78%
Buy - 1 ...... Sell - 2 ..... Hold - 1 1377.5 1682.7 -11.89% 7.74% -18.14%

Recent news

Date Description
2021-05-18 Analyst Corner: Retain Reduce InterGlobe Aviation with Rs 1,200�TP
2021-05-17 Tauktae cyclone: Three city-bound IndiGo, SpiceJet flights diverted
2021-05-17 Cyclone Tauktae: Mumbai airport shut, travel advisory out - check flight status
2021-05-15 Cyclone Tauktae: IndiGo, Vistara say flights to be impacted as thunderstorm rages on
2021-05-15 Cyclone Tauktae update! Travelling to West, South India Check Vistara, Indigo flight advisory here
2021-05-15 How much is a struggling airline worth Well soon know with GoAir IPO
2021-05-14 GoAir IPO: What Investors Should Know About The Airlines Core Operations
2021-05-13 IndiGo announces initiatives to support employees amid COVID pandemic
2021-05-13 COVID crisis: IndiGo announces initiatives to support employees
2021-05-11 Analysts downgrade IndiGo as second Covid-19 wave weakens outlook
2021-05-11 IndiGo Operator InterGlobe Aviation To Raise Rs 3,000 Crore Via QIP, Centrum Downgrades Stock To reduce
2021-05-11 IndiGo to Raise Rs 3,000 Crore via QIP
2021-05-10 Indigos parent company InterGlobe Aviation to raise Rs 3,000 crore
2021-05-10 IndiGo to Raise $409 Million in Strategy Reversal on Virus Surge
2021-05-10 IndiGos board approves raising Rs 3,000 crore via QIP
2021-05-10 Kerala Receives 3.5 Lakh Doses Of Covishield
2021-05-10 BRIEF-Interglobe Aviation Approves Raising Of Funds Up To 30 Bln Rupees Through Issue Of Shares
2021-05-09 14-day institutional quarantine must for those visiting Delhi from these states
2021-05-08 Interglobe Aviation deliberates on fund raising via QIP
2021-05-07 Indigo Airlines to explore QIP, other options, to raise funds

Summary

After analysing Technicals, Brokerage reports and News, we recommend
Book Profit

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