vanathi

Indian Bank - Make or break?

NSE:INDIANB   INDIAN BANK
531 6 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!
Very good setup...very impressed.
One question: Are you working on price action + RSI
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vanathi TOP chetanmeghani
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looks good...Simple and sweet trade setup...I like it !!
Reply
vanathi TOP Shashi_Y
@Shashi_Y, Thank you.
Reply
Neither Make nor Break, their must be consolidation.
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@RJUN, Will see.
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