TradingView
Trade-Technique
Mar 5, 2020 6:09 AM

This stock can be bullish, INDUSINDBK but, confirmation for you Long

INDUSIND BANK LTDNSE

Description

Volume should be rise, + price surge will be sign of reversal.
I am expecting GAP up.

For the CLOSE View:

Comment

Dont worry, just wait... we will surely take entry in this stock at bottom out on banknifty.

Trade active

As per you own risk 1100 Call of strike price Rs. 15 Rs. 20 is good level to buy ... but dont take overnight position. Stoploss will be Rs. 11
Comments
STatpati
Thanks for the update.
Trade-Technique
@STatpati, welcome.
snj_11
Good analysis but the increased bad loans had hit this bank so badly. This bank has exposure to Telecommunications and Realty sector. You may wait till 9th March as the bank is consolidating to raise funds issuing bonds. Anand tandon today expressed that it may hit 3 digit figures too so hold before being bullish on this stock.
ramgorre
One of your worst calls Kinnari
BHUMIT-ARQ
now what
klalith6
stock might reach 650 zones of 10 PE be cautious
nutty99
As per your view indus has closed with a candle with long tail and good volume, hour is a good time to buy???
sanketsudan
There is a very strong support at 971. The price rejection was rather strong! I am learning to pick up certain indications thanks to you.
AMITOSHAH
what target price you think...and time it could take approximately ?
klalith6
VALUATIONS OF THE STOCK ARE VERY WEEK INVESTORS FEAR IS THE TRADERS GREED NOW !!
More