INDUSINDBK Analysis for Swing and Intraday for 29 April
Create a high of 1694 the price is moving in a range between 1579.20-1428.Price can take Support at range between 1428 -1443. Because 5 times price respect this level .
For swing trader we will wait for breakout or breakdown.
Bull Entry: after cross 1576 level with good volume and day closing.
If you are looking for intraday :
After crossing 1442 level you can short your position and next support will be 1272.
If price trade between 1450-1480 it's a side base market. if price cross above 1480 level with good volume or with price action then we can make a target of 1511.
Important level:
Resistance 1576
Support 1: 1448
Support 2: 1272.60
For swing trader we will wait for breakout or breakdown.
Bull Entry: after cross 1576 level with good volume and day closing.
If you are looking for intraday :
After crossing 1442 level you can short your position and next support will be 1272.
If price trade between 1450-1480 it's a side base market. if price cross above 1480 level with good volume or with price action then we can make a target of 1511.
Important level:
Resistance 1576
Support 1: 1448
Support 2: 1272.60
Ask me anything I am happy to help you.
To motivate us, Please like the idea If you agree with the analysis.
Thanks & regards,
Kaustav Hazra
To motivate us, Please like the idea If you agree with the analysis.
Thanks & regards,
Kaustav Hazra
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