However, with other strong banks like HDFC bank and Kotak bank coming off their highs, looks like IndusInd bank too will follow a similar path.
I can see that the stock got rejected at its long term trendline resistance and is slowly moving down.
Good opportunity to go short with a stop loss of 2050 and successive targets of 1950 and 1900.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.