Stock in Downtrend: IndusInd Bank
IndusInd Bank is trading near the important support level of 1348.
RSI is just over 30
20 EMA is just falling below 50 EMA, indicating a weakness in the stock price.
If the current support level of 1348 levels is broken on the weekly chart, we can expect a further fall in the price.
Next Support levels: 1287, 1246, 1183
RSI is just over 30
20 EMA is just falling below 50 EMA, indicating a weakness in the stock price.
If the current support level of 1348 levels is broken on the weekly chart, we can expect a further fall in the price.
Next Support levels: 1287, 1246, 1183
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.