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ParamjitMahapatro
Aug 19, 2017 5:39 PM

indusind bank looks bullish in short to medium term. Long

INDUSIND BANK LTDNSE

Description

In longer time frame it is in strong uptrend.
In daily, hammer formed near ascending channel support.

with a sl below the channel support, one may aim for previous swing high, then channel resistance.

Trade active

till now 1626.30

Trade active

moving up as expected , till now 1667.70

Trade active

big move on fri, closed at 1692.35

Trade active

price is riding upper BB and BB is expanding. also price recently crossed previous peak and in all time high zone.

Trade closed: target reached

big move today, all targets achieved here, it reached the channel resistance. in.tradingview.com/x/6mNE7Qib/. all tgts achieved today,

Also one can still hold it, as it is quite bullish.
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