Umang_Sharma

INDUSIND BANK LTD: Analysis

Umang_Sharma Updated   
NSE:INDUSINDBK   INDUSIND BANK LTD
Indus bank is on the verge of breakout keep an eye on it. Formation of triangular pattern and good volume contraction in Bollinger Band indicator.
.
If bank nifty falls their is a high chances that the breakout will be in the downward direction else sky is the limit.
.
Calculate your RR ratio and trade accordingly.
Comment:
Hold your trade it is no breakout there is no volume.
Trade active:
620 entry was perfect.
Comment:
at 635.00
Trade closed manually
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.