INDUSINDBK--Consolidation??
Observations::
This stock is facing resistance multiple time from the zone 1300 range,and not able to break high.
A strong fall is observed and @1250 range buyers pushed the price towards 1300 range again,
means we have sellers @ 1300 range and buyers @1250 range,
1275 range is giving support by pushing upside,wait for break of thhis to reach 1250.
so we will also follow the range bound from 1250 to 1300, until price breaks this range.
we have strong demand zone @ 1225.
This stock is facing resistance multiple time from the zone 1300 range,and not able to break high.
A strong fall is observed and @1250 range buyers pushed the price towards 1300 range again,
means we have sellers @ 1300 range and buyers @1250 range,
1275 range is giving support by pushing upside,wait for break of thhis to reach 1250.
so we will also follow the range bound from 1250 to 1300, until price breaks this range.
we have strong demand zone @ 1225.
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Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
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