Indus Ind Bank is facing multi year resistance and price has already formed a double top
inside the descending triangle.
With the market looking very weak , this trade looks good to be taken with a risk reward
of 1:5.
Cheers.
priceNpedia
Chart wise double top break down potential exit on weekly charts and any 3447 previous swing low broken
Could see more downfall. The momentum on short term and medium term has entered bear zones .Trend
Indicators also bearish on all timeframes. Bollinger band spill out happened on weekly charts as well indicator
bearishness ahead. Entry could be on daily on breach...
AXiIS bank showing failed inverted head and shoulder pattern.this neckline
resistance was attempted to be broken in 2019 and two times in 2021 but failed
daily momentum is in bear zones and weekly and monthly momentum also has gone sideways.
trend indicators are bearish on all timeframes
A trade opportunity exit with initial target till next swing low and stop...
#heromotorcorp weekly seems to have a head and shoulder pattern
watch out for neckline of same and whether if major support band currently it is reaching whether if it gets broken
and if so could be shorting opportunity if a breakdown red candle confirmed closes below it.
remember there is also a support available below near 2250 and only if it break do we have...
#shreecement selling with high volume since a week. Momentum and trend in short term is bearish.
another red below the support zone where it is currently good give a short opportunity
that could more than 10%.
