Could you please suggest an appropriate entry price in InterGlobe Aviation (IndiGo)?
Santosh
IndiGo (₹4,861): On the charts, the recent sharp fall just looks like a correction within the long-term uptrend. It is not indicating a trend reversal. The support at ₹4,700 is holding well for now. Below that, ₹4,450 is the next important support. If things get back to normal, then IndiGo share price has potential to target ₹7,000. But this rally may take a long time.
So, you need to have patience. You can buy 30 per cent of the intended amount now at current levels. The balance 70 per cent can be bought at ₹4,480. Keep the stop-loss at ₹3,580. Trail the stop-loss up to ₹5,060 as soon as the stock goes up to ₹5,540. Revise the stop-loss higher to ₹5,760 and ₹6,350 when the price touches ₹6,280 and ₹6,620 respectively. Exit the stock at ₹6,870.
What is the outlook for Kaynes Technology India? Can the stock fall more?
Thomas, Mumbai
Kaynes Technology India (₹4,267): The recent fall has broken the long-term uptrend. Also, there is danger of a huge double-top pattern on the chart. A crucial support is around ₹3,900 which is holding well for now. But the stock has to rise above ₹5,000 to get some relief. As long as it stays below ₹5,000, there is a danger of seeing a sustained fall below ₹3,900.
That in turn can drag the share price down to ₹3,400. Ideally, Kaynes Technology India share price has to rise above ₹5,000 to get a breather. Only then the chances of a rise back to ₹6,000 and ₹7,000 will come back into the picture. So, unless a strong rise above ₹5,000 happens from here, it is better to stay out of this stock for now.
What is the future prospects of Easy Trip Planners (EaseMyTrip)? I have the shares bought at ₹15.
Aftab Alam
Easy Trip Planners (₹7.72): The long-term trend is down and strong. There is no sign of a reversal. Immediate resistance is at ₹8.40. The stock has to break this resistance in order to go up and test the next resistances at ₹9.45 and ₹11.50. A decisive rise above ₹11.50 is needed to give an initial sign of a trend reversal. Support is at ₹6.45.
A break below it can drag the share price down to ₹4.50. It is better to exit the stock and accept the loss. We always insist in having a stop-loss right at the time of entering a stock. This will help in minimising the loss. It will also help to avoid getting trapped in a wrong position waiting with a hope for the price to recover.
I have Adani Total Gas shares bought at ₹962. What should I do now?
Gloria, Goa
Adani Total Gas (₹593.75): The stock is stuck in between ₹530 and ₹800 since the beginning of this year. The stock will come under danger of further fall only if it breaks below ₹530. Such a break will increase the risk of the price tumbling to ₹380 and even lower. But if the stock manages to sustain above ₹530 and breaks above ₹730, it can get some relief.
In that case, a rise to ₹950-₹1,000 is a possibility. If you have the risk-appetite, then buy more at current levels. Keep the stop-loss at ₹510. Revise the stop-loss higher to ₹620 when the price goes up to ₹690. Move the stop-loss further higher to ₹740 and ₹820 when the price touches ₹790 and ₹880. Exit the stock at ₹940.
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Published on December 13, 2025
