sureshinoracle

INDUSIND open = low, might fall further up to 570

Short
sureshinoracle Updated   
NSE:INDUSINDBK   INDUSIND BANK LTD
Indusind formed triangle downwards, RSI pointing down from 60, MACD bearish, There would be good movement downwards up to 570, but we can wait for open=today's low/crossing today's low for entry.
Comment:
if it breaks traingle and moves up, we can ignore short entry
Comment:
As i said, it is trying to break the traingle on both side, but could not break the low, now if it could break the high then there should be a good breakout.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.