INDUSIND BANK LTDShort
IndusInd Bank: Possible swing move on the cards?
Updated
Monthly: After forming multiple dojis, the price broke below the weak support indecisively. A weak hammer can be seen forming in Oct. A little bounce to test that zone can be seen this month.
Weekly: Price is making LHs and LLs. Last two candles show rejection of resistance.
Daily is in nice uptrend. We need a clear break from the Daily TL and price to make a LL. Once price closes below 1320, we can look to go positionally short on a pullback and 75min TF confirmation.
Weekly: Price is making LHs and LLs. Last two candles show rejection of resistance.
Daily is in nice uptrend. We need a clear break from the Daily TL and price to make a LL. Once price closes below 1320, we can look to go positionally short on a pullback and 75min TF confirmation.
Order cancelled
No break of Daily Trendline. Price continues its upward move. So, no trade entry here.
Chartered Accountant | Trader | Trainer
| afzallokhandwala.com
| afzallokhandwala.com
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