NeeteshJain
Long

Indusind Bank Trending Up in Channel

NSE:INDUSINDBK   INDUSIND BANK
507 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
Reply
sir how u draw registance ???
+1 Reply
@shiv_n, Resistance = Previous support levels

Regards
Reply
Sir, This indusindbank call is active or not. Stop loss hitted because of RBI announcement
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