vanathi

Indian Bank - Make or break?

NSE:INDIANB   INDIAN BANK
537 views
19
537 6
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.
Jun 27
Trade active
Jun 27
Comment: Short @ 281. First target 278 reached.
Jun 27
Trade active
Jul 06
Comment: From channel support target one(315) reached!
Jul 18
Comment: Price went up to 329
Jul 19
Trade active: High today is 334.2!
Jul 21
Trade closed: target reached: All targets done!
Join me in telegram to learn & earn. I also post my trades there & live calls. https://t.me/Analysis4Newbie
Follow mw here to learn about system trading. I update my swing trades here. https://neomechanicaltrader.home.blog/
Very good setup...very impressed.
One question: Are you working on price action + RSI
Reply
vanathi chetanmeghani
Reply
looks good...Simple and sweet trade setup...I like it !!
Reply
vanathi Shashi_Y
@Shashi_Y, Thank you.
Reply
Neither Make nor Break, their must be consolidation.
Reply
@RJUN, Will see.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out