indusindbk : 981
trade set up:
1. buy above 1062
2. keep stop loss as 908 on closing basis
3. short term targets 1130/1366/
long term targets 1598/1783/2000+
technical buy setup :
1. symmetrical triangle pattern
2. trendline
3. breakout concept.
note : stock is trading more than 52weeks on lower trendline support , forming consistent month on month higher lows .volumes are significantly high on bullish monthly candles and below average or dry during selling . recent results ( Q ON Q ) also good enough to pick for long term .
trade set up:
1. buy above 1062
2. keep stop loss as 908 on closing basis
3. short term targets 1130/1366/
long term targets 1598/1783/2000+
technical buy setup :
1. symmetrical triangle pattern
2. trendline
3. breakout concept.
note : stock is trading more than 52weeks on lower trendline support , forming consistent month on month higher lows .volumes are significantly high on bullish monthly candles and below average or dry during selling . recent results ( Q ON Q ) also good enough to pick for long term .
Comment:
1148+ target 1 done
Comment:
1186 high