Indigo Paints Ltd
Largo

Symmetrical Triangle Setup With Consolidation about to Blast

633
INDIGOPNTS on the Weekly timeframe is making a Symmetrical Triangle setup that can break on the upside because the price has been consolidated for the past 14 weeks in a Narrow Range after Getting Accumulated Near the Key Zone, Followed By a Volume Blast.

A Close or Breakout of the Setup Next Week will be confirmed if Followed by Similar Volumes.
Keep this on your Watchlist. Meanwhile, Check out my other stock ideas below until this trade gets activated. I would love your feedback.

Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Nota
Holding Above it's Levels in this Weak Market
Nota
Big Wick Rejection
Nota
Negated Previous Week Wick Strongly

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