AbhishekHSinghCMT

Indusind Bank - 150 Points Crack Makes Gartley

Long
NSE:INDUSINDBK   INDUSIND BANK LTD
Best part of financial markets is they never move in straight line - ups & downs - downs & ups that's the beauty of the markets.


Trading Strategy

Plan A (Short Term)
Strictly moving above 1360 levels later holding 1340-1360 zone as support for upside target - 1410-1420 zone

Plan B
Selling later, if stock stops in 1410 - 1420 zone post completing the target as suggested in Plan A. Target for selling as per this plan - 1395 / 1350 / 1320

Plan C
Strictly buying only above 1420 levels for 1440 / 1480 targets upside - Not valid below 1420 levels

Plan D
Continue Long Term Targets as suggested in 15th Jan 2020 Idea - "Tops the Stops - Misses Street Estimate"


Last Video Idea (Click Below) - "Tops The Stops - Misses Street Estimate -High-1585 "

Thanks for watching the video & Have wonderful week ahead.

Trade closed manually: 09:52 Hrs / 21st Jan 2020

Last Price - 1347

Shall not do follow anymore. Kindly manage your risk & trade accordingly. Nifty Index shall keep moving in the last idea - "Stellium Effect- How I cracked the top at 12295"
Best Regards,
Abhishek H. Singh, CMT
​Growth Director - TradingView India

YouTube Channel https://www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw

Twitter Handle
https://twitter.com/TalksWave

Telegram Handle
https://t.me/wavetalks

Comments


Sir a very nice anticipation of trade in Indusindbank
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Great analysis, thanks
Please post updated chart analysis..
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Thanks for the update
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Good analysis. Thanks. Pls do not stop putting up any analysis. Yours analysis is very insightful & helps to increase learning.
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@sandeep2909, Shall continue stock ideas next after 15th March 2020. Index Nifty updates are going on in last video idea - "Stellium Effect" Do check what's running across my mind. Thanks
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very well explained ABHISHEK....REALLY HELPFUL IDEA...THANKS
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@sharad0202, Welcome
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hi @AbhishekHSinghCMT ... is it valid pattern if C leg is broken?
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@ashokakbari, It is valid as it failed to make new close higher than proposed C-wave - & puked or slipped heavily from 1595 highs giving a wick formation.
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Thank you for sharing sir
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