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MAYANKTECHRESEARCHING
Jul 13, 2022 8:21 AM

Indusind Bank What to do next ? Short

INDUSIND BANK LTDNSE

Description

NSE: INDUSINDBK
Time Frame :- 1 Day
Patterns Name :- Parallel Channel

Conclusion :-
A Big Red Marubozu candle taking up resistance at the top of a parallel channel which most probably shows up a down trend as this is a weak share too show here are two breakout which show the one scenario that could be done and here we have told about the marubozu candle who dont know

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Based on Your Own Risk this is only to Show you the Current Pattern

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Comments
ShriJI_Investments
no its not Marubozu candlestick pattern, its having tail
MAYANKTECHRESEARCHING
@puzzledToucan5305, Pls search at web about this and then see it
piyushin2020
@puzzledToucan5305, doesn't need to be 100% without tail. If there is no upper shadow and volumes, it qualifies for marubozu.
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