Warning-
as we can see that INDIGO is currently trading in a recovery phase after recent correction, where downside momentum is gradually fading and price is attempting to stabilize near support zones. Despite earlier weakness, the broader structure is shifting towards a mean reversion + pullback rally setup.
On the technical front, RSI is hovering around 52–58 levels, indicating a neutral-to-bullish zone, which means the stock has moved out of oversold territory and now has room for upside expansion . Earlier RSI readings near 35 levels also confirm that the stock has already gone through a correction phase, increasing the probability of bounce
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