INDUSIND BANK MAY TRY TO BREAKOUT OF A RESISTANCE ZONE IF THE SAME TREND CONTINUOUS OR FACE RESISTANCE AND COME DOWN TO SUPPORT. TRADE ON CONFIRMATION.
Note
It is trading in a zone of 610 to 630. waiting for it to break the zone. a big move can be expected if this breaks the zone of 20 points.
Note
It has again bounced back from the support and reached resistance zone. If this brakesout of the zone then expect a good upmove.
Note
Broke resistance zone and as expected got a good move
Trade closed: target reached
Finally Broke out of resistance zone and gave amazing upmove
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.