INDIGO Ascending Triangle / Squeeze:

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INDIGO Ascending Triangle / Squeeze:InterGlobe Aviation LtdNSE:INDIGOSandip_Tanaji_PatilAscending Triangle / Squeeze: The stock is consolidating inside an ascending triangle pattern, forming higher lows along the rising trendline while encountering repeated resistance around the ₹5,500 - ₹5,517 zone. Squeeze Near Apex: The price is approaching the pinch point near the trendline support and horizontal resistance. This typically precedes a higher-volatility expansion movement (breakout or breakdown). "Disclaimer: Educational chart study only. Not a SEBI-registered advisory. No buy/sell recommendations implied."