SWING / SHORT-TERM CALL on INDUSINDBK

Aug 12, 2018

SWING (3-4 days) to SHORT TERM CALL (2-3 weeks)
BUY above 1995 /
Stop just below 1975 (based on risk appetite)

TG1 = 2037 (Risk/Reward = 0.47)
TG2 = 2085 (Risk/Reqard = 0.22)

Aug 13, 2018

Note

As expected, bounced back from 38.2% fib level but couldn't cross 1995 (may be duty to weaker board index). Lets see if we get the entry tomorrow.