Amit_Ghosh

[Positional] Indusind Channel Trade

Long
NSE:INDUSINDBK   INDUSIND BANK LTD
Buy if the dotted line breaks.

It has not completed the channel and can fall more to do that. So don't buy till it does so.
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Comments

which dotted line the upper one?
Reply
Amit_Ghosh guducuk55
@guducuk55, If the lower dotted line breaks then buy. Otherwise, don't buy. And if it breaks, target is upper one :) So far, not triggered.
Reply
guducuk55 Amit_Ghosh
@Amit_Ghosh, WOW now it broke and with a gap down. Can you review it again?
Reply
Amit_Ghosh guducuk55
@guducuk55, It will follow retest theory now. I will do it in couple hours :)
+1 Reply
Amit_Ghosh guducuk55
@guducuk55, Updated bro.
+1 Reply
guducuk55 Amit_Ghosh
@Amit_Ghosh, Dankeschön :)
Reply
guducuk55 Amit_Ghosh
@Amit_Ghosh, If I can ask, is Indusbank fundamentally strong? These days NPA are causing lot of problems so better to know NPA or some negative news regarding NPA like yes bank will further hit the stock badly
Reply
Amit_Ghosh guducuk55
@guducuk55, God knows. If crap keeps falling, our trade will not trigger. If crap goes up we will catch with stop loss. It is really hard for me to comment on the fundamentals.
+1 Reply
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