IndusInd Bank moving averages are in a mood for positive crossover on monthly charts. Monthly chart may have an golden crossover in coming few months Target of 1500 - 1600. Wait for at least 13-50 crossover to complete before entering the stock.
Trade active
Very close to the first target on 1500
Trade active
First target of 1500 completed now look for next target
Note
40 points needed for 2nd target
Trade closed: target reached
Target of 1600 was reached. Forgot to update. Now there is trend reversal is bank nifty. Not conducive environment for next few months.
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