Indusind - Looks good for accumulation
Study for educational purpose only:-
Structure looks good. BO above trend line with high vol. C&H formation observed. Momentum is upwards. Bullish Harami formation in wkly chart.
OC looks bullish. RSI is on overbought zone.
Wait for dip to accumulate.
Structure looks good. BO above trend line with high vol. C&H formation observed. Momentum is upwards. Bullish Harami formation in wkly chart.
OC looks bullish. RSI is on overbought zone.
Wait for dip to accumulate.
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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.