Interglobe Aviation (INDIGO) could be one to watch, here's why?

The stock has formed a Volatility Contraction Pattern (VCP). It's now breaking out from the upper boundary. A sustained move could point towards a trend continuation. https://preview.redd.it/gdp64tiw3gke1.png?width=1146&format=png&auto=webp&s=c22bb8a18906961da98486344595c45246eef8bf