INDUSINDBK - BULLISH REVERSAL WITH MODERATE RISK OF 1 : 1 to 1.5
1) The stock got reversed from the neck line and formed morning star candlestick pattern in daily chart.
2) The target was reduced as the last wave not reached the channel top which is running since March 20.
3) Safe to enter the stock above 200 EMA & keep your SL tight.
2) The target was reduced as the last wave not reached the channel top which is running since March 20.
3) Safe to enter the stock above 200 EMA & keep your SL tight.
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.