INDUSINDBK, Learn & Earn (Sellers losing grip?) - Read full post
INDUSINDBK on daily TF is forming higher lows for past few weeks but has not been able to close above 480 (day closing).
1. If it closes above 482 (daily) then it can see upward momentum.
2. Also if it trades above 495, then good move possible for intraday opportunities.
Kindly note that I always believe "trend is friend" and never recommend trading against it. Proper stock selection involve selecting both long & short stocks so to remain prepared for trading day.
For any details, learning price action reach out.
1. If it closes above 482 (daily) then it can see upward momentum.
2. Also if it trades above 495, then good move possible for intraday opportunities.
Kindly note that I always believe "trend is friend" and never recommend trading against it. Proper stock selection involve selecting both long & short stocks so to remain prepared for trading day.
For any details, learning price action reach out.
Note
Updated Pattern (still waiting for trigger)Trade closed: target reached
Finally triggered today after month and gave massive move as expected.
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.