Get started
VisibleBeer7

Indusind Bank Analysis

Short
INDUSIND BANK LTD (NSE:INDUSINDBK)  
VisibleBeer7 Updated   
NSE:INDUSINDBK   INDUSIND BANK LTD
Trend Analysis Chart Patterns indusindbank indusindbksell indusindview stocktrading stockmarketanalysis
2
0
trendanalysis chartpattern indusindbank indusindbksell indusindview stocktrading stockmarketanalysis
If you are a bit risky trader, Sell Indusind Bank at cmp 616.5 (cash) Strict SL - 639.1 Target - 560

If you are a safe trader, Sell Indusind Bank below 597 Strict SL - 611.1 Target - 560/540

Explanation : Gravestone Doji on daily charts + "weak sell" but a sell on "Ichimoku Cloud"
Comment:
Those who sold below 597, SL triggeres, Those who sold at opening around 610-611 hold with given sl, Those who want to sell again can sell with given sl of 639.1 for same target of 560
Comment:
Low 591.3 till now, 597 was right level but it caught SL yesterday, the base selling at 616 was right, it again gave selling opportunity on opening at 613-615. Good downside till now..
Trade closed manually:
Low 571, Book full profit
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.