the pattern on daily chart of Indusind Bank future looks like a bullish double bottom.
important levels cmp: 948.25 support: 941.50 resistance: 1060.00
this could turn out to be the ST money maker.
the 15 min chart of Indusind bank future looks bearish with the macd crossing on the downside and rsi looking exhausted with a downtrend.
buy on dips means that we wait for a dip and buy as soon as we see a reversal on this 15 min chart with stoploss below the support at 941.50 and we keep targets of 1050+