tRex88
Short

Indusind bank short setup

NSE:INDUSINDBK   INDUSIND BANK LTD
Indusind bank short setup
Comment: 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.
Comment: bearish divergence
Comment: Trade not active
Order cancelled
Comment: Though short trade didn't get activated it can be observed that Indusindbk moved within the channel so far
Better to go long with small SL 1590. Risk reward feverable if SL hit and sustain below level then only sell
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