Indusind bank short setup

Updated
Indusind bank short setup
Note
It has formed a sharp and narrow upward channel with a bullish divergence and a channel break can be seen as an opportunity to go short.
Note
bearish divergence
Note
Trade not active
Order cancelled
Note
Though short trade didn't get activated it can be observed that Indusindbk moved within the channel so far
BANKNIFTYbankniftyshortChart PatternsTechnical IndicatorsindusindINDUSINDBKTrend Analysis

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