IndusInd Bank Share Prices : Make-or-Break Levels 🚨
📉 IndusInd Bank has been trading sideways with a slight negative bias for weeks.
🔻 Strong Support Zone: ₹830 - ₹770 is a rock-solid support area, backed by both Weekly & Monthly levels. Breaking below? Highly Unlikely!
🚀 Key Resistance Ahead: ₹1050 - ₹1100 is the BIG test. A breakout above could spark a trend reversal & a strong upside move!
💰 Fundamentally Undervalued: Currently trading at a P/B ratio of just 1.2 vs. its 5-year avg. of 1.8— making it one of the cheapest private banks in the market! (Downside may be limited!)
#StockMarket #TechnicalAnalysis #learn_at_stoxsense #Learntradingwithsudhir #StockMarketIndia #Optiontrading #learntrading #sebiregisteredra #INDUSINDBK #IndusindBank
📉 IndusInd Bank has been trading sideways with a slight negative bias for weeks.
🔻 Strong Support Zone: ₹830 - ₹770 is a rock-solid support area, backed by both Weekly & Monthly levels. Breaking below? Highly Unlikely!
🚀 Key Resistance Ahead: ₹1050 - ₹1100 is the BIG test. A breakout above could spark a trend reversal & a strong upside move!
💰 Fundamentally Undervalued: Currently trading at a P/B ratio of just 1.2 vs. its 5-year avg. of 1.8— making it one of the cheapest private banks in the market! (Downside may be limited!)
#StockMarket #TechnicalAnalysis #learn_at_stoxsense #Learntradingwithsudhir #StockMarketIndia #Optiontrading #learntrading #sebiregisteredra #INDUSINDBK #IndusindBank
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.