Indusind Bank Trending Up in Channel

508 5 15
It is been observed on the hourly chart that the price action is trending in upward channel indicating a further move up to the previous resistance levels of 1112-1120.

Target: 1108
Stoploss: 1060
Risk Reward 1:1
Trade active
Trade active
Comment: It did reach the target but with a shocking downward move. Regards
Trade closed: target reached: Target reached successfully, as marked. Regards
Comment: Real TIme: Formation of Pennant Continuation Pattern.

amazing analysis sit good job keep it if pleasure following you
+1 Reply
NeeteshJain Bornleader
@Bornleader, Thank you for the generous remarks. Regards
sir how u draw registance ???
+1 Reply
@shiv_n, Resistance = Previous support levels

Sir, This indusindbank call is active or not. Stop loss hitted because of RBI announcement
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out