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neerajlalwani081
May 1, 2021 9:18 AM

Indusind Bank Trade Setup For Monday (3rd May) 

INDUSIND BANK LTDNSE

Description

950 is a strong resistance level.
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On Friday, IndusInd Bank share tried two three to break this level but failed.
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So maybe on Monday, it can break the levels 979 is our first Target.
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On Friday company announced a very good Quarter Results.
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So maybe there is 1% chances that you can see the profit booking .
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But trust me if it's goes down you can accumulate this share for positional purpose.
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You can give your suggestions in comment box.
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Comments
Poison_1907
Stock is definitely looking strong unlike HDFC twins and the markets in general.
neerajlalwani081
@Poison_1907, correct
ManiEswaran9
Stock will move depends on the result. Upside move is limited for timebeing due to panic setting in markets. So creating long position is not suggested. If anyone wants to enter , they can buy in cash and wait.
neerajlalwani081
@ManiEswaran9, Agree with you 👍
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