IndiGo, SpiceJet Stocks Face Near-Term Turbulence: Analysts Warn Investors

• Analysts predict near-term instability for IndiGo and SpiceJet stocks due to operational and regulatory challenges.
• IndiGo's stock fell over 21% earlier this month due to mass cancellations and crew shortage, now stabilizing but below pre-crisis levels.
• SpiceJet's shares surged during IndiGo's crisis after announcing fleet expansion, but are now lower than pre-December levels.
• IndiGo faces a bearish to neutral technical outlook, with resistance at Rs 5,150–5,200; SpiceJet is weak and corrective, with support at Rs 30–31.
• Experts suggest stock-specific moves will be the norm, with long-term growth intact but a need for more competition.

Why It Matters: Investors should brace for near-term volatility in IndiGo and SpiceJet stocks, with specific levels to watch.