NeeteshJain

Indusind Bank Trending Up in Channel

Long
NSE:INDUSINDBK   INDUSIND BANK LTD
648 views
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.