UnknownUnicorn2321966

INDUSIND BANK IDEA

Long
NSE:INDUSINDBK   INDUSIND BANK LTD
IT HAS FORMED NEW CHANNEL LINE AND RESPECTING IT ONCE UPPER LINE IS BROKEN WITH GOOD VOLUME GO LONG TARGET IS GIVEN BUT EXPONENTIAL MOVING 100 IS STRONG RESISTANCE ONCE CLOSES ABOVE IT WE ARE GOOD FOR LONG UNTIL THEN IT MAY KEEP MOVING IN THIS CHANNEL GOOD LUCK
Trade active
Trade closed: target reached:
target was hit and candle still closed below trendline so exited
Comment:
watch out doji red candle made may be bearish now
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