Wave V of 3 in INDIGOThe airline company is seen trying to begin the wave iii of V of 3 in an attempt to go past previous ATH and then towards the 3K mark.
It should also be noted that Indian airlines will operate a total of 23,732 flights every week during the winter schedule( approved by the Directorate General of Civil Aviation (DGCA). As per the new order, the said number of departures is an 8 per cent rise in the number of flights compared to a year ago period.
Since indigo is the largest Indian passenger carrier it will benefit from this upbeat schedule.
It presents a good trading set up with excellent RR
SL- 2390
TGT- 2790
