Symmetric Triangle on IndusInd Bank
Updated
Symmetric Triangle pattern formation on IndusInd Bank on EOD but MACD is bearish on bullish trend. So, MACD trend is not having strength.
Trade Long:
Buy above - 1502.50
Target 1 - 1520.50
Target 2 - 1536.50
Stop Loss - 1483.50
Trade Short:
Sell below - 1469.50
Target 1 - 1454.50
Target 2 - 1438.50
Stop Loss - 1483.50
Trade Long:
Buy above - 1502.50
Target 1 - 1520.50
Target 2 - 1536.50
Stop Loss - 1483.50
Trade Short:
Sell below - 1469.50
Target 1 - 1454.50
Target 2 - 1438.50
Stop Loss - 1483.50
Trade active
Broken on Long side.... Trade active on long - buy above 1502.50
Trade active
Made high of 1516 and 4.5 points left for target 1 - 1520.50Trade active
Target 1 - 1520.50 achieved, Please do the trailing stoploss between 1505 to 1510.Trade closed manually
Trailing Stop loss - 1510 hit.
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.