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.
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
Comment:
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.