Mayank-Pandey

Range breakout in IndusInd

Long
NSE:INDUSINDBK   INDUSIND BANK LTD
Price has been sustaining above the range high which was acting as a string resistance in the IndusInd bank daily timeframe chart for a couple of weeks. On an hourly timeframe, the trend line drawn has been acting as a good support. One can look to go long given the sector tailwinds with the trend line as SL on a closing basis.
Best of luck!

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