The_bulls

INDUSIND BANK- BULLISH

Long
NSE:INDUSINDBK   INDUSIND BANK LTD
GOOD BUYING SEEN IN INDUSIND BANK TODAY. RSI BULLISH. THE TREND LINE SHOWN IS THE RESISTANCE LINE IN THE WEEKLY TIME FRAME. IF IT OPENS SOMEWHERE NEAR 1020 THE MOMENTUM CAN CONTINUE YOU CAN LOOK FOR BUYING OPPORTUNITIES. THE FIRST TARGET WILL BE 1085. ONCE IT CROSSES 1100 LEVELS WITH MOMENTUM 1195 LEVELS CAN BE ACHIEVED EASILY. REWARD TO RISK RATIO ALSO FAVOURABLE. MAINTAIN A STOP LOSS OF 985.
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