PranamGhagare

INDUSIND BANK - 15MIN - Short Trade with a good R/R

Short
NSE:INDUSINDBK   INDUSIND BANK LTD
Indusind bank is hovering just below its previous broken trendline . The stock is in a 15min correction just below the trendline indicating a potential drop. This trade has a good risk-reward ratio with a tight stoploss.

Entry - Only after 1385 has been broken to the downside.
Stop - 1410
Target 1 - 1351
Target 2 - 1312

Disclaimer
This content is for information and educational purposes only and should not be considered as a piece of investment advice or an investment recommendation. Past performance is not an indication of future results. All trading carries risk. Only risk capital which you are prepared to lose.