This is the analysis of INDIANB in Weekly Time Frame. Watch carefully. The chart explains itself.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your...
Stock Name - Indian Bank
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 276
#This is not Buy and Sell recommendation to any one. This is for education purpose...
INDIANB
Buy-Above 150
Sl-130
T-185 195 210+
The stock given a given a trendline breakout in daily TF after making a base at 135-140. However if it sustains above 210 then it can test 260 in mid term.
