IndusInd Bank Ltd. - Extremely narrow range.

INDUSIND BANK LTDNSE

Description

⋅ May 6, 2020 6:36 PM

IndusInd Bank Ltd. in extremely narrow range.
Now inside a symmetrical triangle & has decent support near mid-bol 419. Staying above it may revisit upper end of the range near 475-480.
Sustaining below 419-15,it may move to lower bol 345 or lower.

RSI & MACD bearish.

Comments

RG_SINGH

⋅ May 6, 2020 7:51 PM

Looks good ..#cheers

ksen007

⋅ May 22, 2020 4:50 PM

Next target please.. will it go up from 338

DrMaheshKhurana

⋅ May 7, 2020 2:49 AM

Correct it is narrow range and is in triangle but huge volume suggest accumulation see in bigger charts who is buying from march end