IndusInd Bank Net Profits Zoom 50% Price Action also showing (+)

Apr 24, 2023

IndusInd bank trading in a bullish channel and now it is trading in mid range of that channel. Price also taken support at EMA 200 D is line. MACD and RSi also giving bullish crossover. So technically this is looking awesome on chart. Now talk about fundamentally, so here today was the result day and result is also attractive and the board of the bank also recommended a payment of dividend at the rate of 14 Per share subject to approval of the shareholders at the ensuring Annual General Meeting.

So if anyone wants to go long in it, can go with given level on chart. Please follow strict stop loss.

For option lover:-

Sale IndusInd 1100 pe at 31
keep stop loss 62
& hedge with
Buy IndusInd 1000 pe at 6.9

For naked option buying:-

Buy IndusInd 1080 Ce at 53.8
keep stop loss at 13
Target 77/89/101

Please follow a strict stop loss

If anyone likes my work please support me by like, follow and comment your thought on this trading idea.
thankyou:))

May 4, 2023

Comment

Awesome,,indusInd 1080 ce trading at 90 now it has reached our 1st and 2nd target. enjoy profits.

May 4, 2023

Comment

we had write 1100 pe at 31. it has made low somewhere 6 and now it is trading at 11, we have eaten more than 20 points here. enjoy profits and like this idea. and follow me for next update. thankyou

May 11, 2023

Comment

this was a super trade guy's, you can check rally in all option trade given by me. they have given you chance to made profits. enjoy guy's party is still pending so use trailing stop loss