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
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Very close to the first target on 1500
Trade active
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First target of 1500 completed now look for next target
Comment
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40 points needed for 2nd target
Trade closed: target reached
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Target of 1600 was reached. Forgot to update. Now there is trend reversal is bank nifty. Not conducive environment for next few months.