akc_trading

SWING / SHORT-TERM CALL on INDUSINDBK

Long
akc_trading Updated   
NSE:INDUSINDBK   INDUSIND BANK LTD
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)
Comment:
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.

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