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.
it could not break high/low on our triangle. rsi, macd is still bearish and closing is below the pivot support. so there should be good fall to 570 to 530 is expected