vanathi

Indian Bank - Make or break?

vanathi Mod Updated   
NSE:INDIANB   INDIAN BANK
19
Price action is trending inside the channel and now nearing the lower band of the channel. Trend line support is seen at 285. Closing below the support zone 285 - 281 will make the price to move towards 278, 265, 258 and 254. If price takes support and bounce back from lower channel /trend line support, it will make the price to move towards 315 and 335.
Trade active
Comment:
Short @ 281. First target 278 reached.
Trade active
Comment:
From channel support target one(315) reached!
Comment:
Price went up to 329
Trade active:
High today is 334.2!
Trade closed: target reached:
All targets done!

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