Indusind Bank - Bullish breakout Long

INDUSIND BANK LTDNSE

Description

⋅ Oct 2, 2020 9:04 AM

Note: This is for educational purpose only.

There seems to be a channel & descending triangle bullish breakout with volume. Moreover, there is a trend line breakout in RSI as well.

Entry Price: ₹590
SL: ₹535

Comments

sakandhare

⋅ Oct 4, 2020 3:26 PM

Nice sir

kalyanganguly

⋅ Oct 4, 2020 3:54 PM

@sakandhare, thank you

MarimuthuSuppaya

⋅ Oct 4, 2020 1:49 PM

Excellent view!

kalyanganguly

⋅ Oct 4, 2020 1:57 PM

@MarimuthuSuppaya, thank you sir

shivajipawar0057

⋅ Oct 4, 2020 12:46 PM

Very clear analysis, Thank you sir

kalyanganguly

⋅ Oct 4, 2020 1:57 PM

@shivajipawar0057, ur most welcome

raturigirish

⋅ Oct 4, 2020 9:59 AM

Target would be 750.

kalyanganguly

⋅ Oct 4, 2020 11:22 AM

@raturigirish, Target 3 could surely be 750.

gauravphysio

⋅ Oct 4, 2020 12:45 AM

Very simple and powerful analysis.

kalyanganguly

⋅ Oct 4, 2020 1:56 PM

@gauravphysio, thanks sir.