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Indusindanalysis

IndusInd Bank forming Flag and Pole pattern.Indusind Bank is consolidating in a range after a good rally forming a flag and pole pattern on the weekly charts. The stock has formed a dragon fly doji and is trading in 5% range for last 40 days which predicts that there will be a nice break out or break down. It has been trading around the 20 ema on the daily charts and in the last session given a 2% bullish move closing above the moving average. The stock is holding the recent high and is consolidating around it while the other banking stocks have given a retracement after forming new recent highs. Previously, the stock has given a nice rally of 13% after the break out. The stock looks in the bullish mode, if the stock gives a break out, cash positions can be carried and hedged future call of current expiry can be carried. Target :- 1550, 1665 Entry :- After the break out of 1440 levels. Stop loss :- Close below the previous hourly consolidation. Watch for the weekly close above the consolidation zone and if the stock gives a close above it in the daily chart, position can be entered with a small Stop loss. Wait for the price action near the levels before entering the market.
NSE:INDUSINDBK
by TheMamboMomentum
IndusInd bank out of the consolidation zone.Indusind Bank has given a break out of the consolidation and crossed the 20 ema on the daily time frame. The stock has been in consolidation from october and gave a nice break out in the end of november. The stock can be traded once there is retest of the level and the stock can give nice up side targets. 3 points confirmation. 1. Break out of the consolidation zone. 2. Crossed daily 20 ema and closed above it. 3. The volumes are higher than the previous day. The stock option and stock can be traded once the stock retest 1160 levels. Traget:- 1229, 1265 Stop loss :- 1150 The stock can be traded for intraday once it crosses above 1173 and can give a intraday target of 1200. Wait for the price action and enter once the stock gives a close above the levels.
NSE:INDUSINDBK
by TheMamboMomentum
IndusInd Bank LongIndusInd Bank is trying to move to its pre Covid-level Price. The Mishap that happened last year shocked the investors due to which a there was a 34% decline in stock from it good bull run. The stock is gaining momentum and is pushing itself to its Intrinsic Value . We can expect the stock to move to a good 1300 - 1400 Level given that the it dosen't get affected much due to the outside news , war etc. There is a Gap between 1186 and 1130 which can help us set our targets. Even though the Gap is a breakaway gap , IndusInd still has a hold in the blue chip area and in the index as well. According to me, First Target - 1050 - 1080 Second Target - 1130 Third target - 1280 Fourth Target - 1380 Stop Loss - 800 Invest Wisely. Abide the stoploss as well. Happy Investing
NSE:INDUSINDBKLong
by Sahil_Narkar
INDUSINDBANKThis stock is forming head and shoulder pattern on weekly time frame, that can be a big bearish ahead. Right now we are at mid. Bollinger on daily chart, at 20DMA once its break and close below 20DMA then that would be a trigger point, Overall wave structure is also suggesting corrective structure ahead, after completion of impulse waves, we are in corrective phase as a zig-zag pattern as a A-B-C, possibly wave A and B are completed and right now we are in wave C of zig-zag, which can subdivide into 5 waves, if wave A and C are going to be equal then we can see 670 to 675, and on upper side nearest swing high and RK's stop line of weekly and daily would be a hurdles to watch out for, which are pegged at 1029, 950 and 925. Overall wave structure on weekly chart Reverse Divergence Corrective wave structure RK's Momentum sell signal activated Mass psychological cloud and rk's stop line both in sell mode Price at 20DMA, ready to break Head and shoulder chart pattern in weekly, yet neckline to break Macd in weekly already in negative mode Macd in daily is down tick and converging towards south, that too below zero line Rsi in weekly down tick below 50 Rsi in daily down tick below 50 Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
NSE:INDUSINDBKShort
by RK_Chaarts
IndusInd bank near a crucial support levelIndusind bank has been consolidating in a narrow range and the two moving averages are converging near the closing price, On weekly time frame, the stock is taking support from the 20 ema and a doji is formed. support :- 960,945, 900 Resistance :- 995, 1046, 1100 Here, moving averages crossover, price action and volume analysis can be used to confirm the trade. On hourly time frame, if the price trade below its 200 ema, a nice opporunity to short will be confirmed as a support level and moving average support will be broken.
NSE:INDUSINDBK
by TheMamboMomentum
IndusInd Bank - Long OpportunityLong Opportunity - Indusind Bank is now in the sideways zone, MA is also confirming this zone. This stock has also filled the gap of 21 Feb. The CPR is narrow and at the upper side which indicates that there will be bullish movement expected. But we have to wait till the CCI turns to the plus level and MA headed to the upper side. This stock will retest to the 940.50 level as there was a gap up opening we have seen, and as per the rule where there is a gap up or gap down market retest at that level and fill that gap. So, wait for the confirmation and then enter into the trade.
NSE:INDUSINDBKLong
by sayenpure
Insudind bank Double bottom + DemandIndusind bank has came to it's strong demand zone and has bounced back. It has made a Double bottom. Swing failure can be seen. MACD above signal line RSI just below 50 Volume slightly above average Buy above 870 Targets mentioned in the chart above Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding. Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
NSE:INDUSINDBKLong
by this_is_shoaib
Simple Trade Setup | INDUSINDBK | 27-10-2021 [INTRADAY]NSE:INDUSINDBK I am posting this on request from a follower on Twitter. Observations: 1) On 1 Day time frame, It failed to manage above 1200 level and then it is facing profit booking. A bit negative thing is that it closed below 21DMA which is placed as 1164.97 level. So we can consider that 1165-1170 will work as resistance zone. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for Date 27-10-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:INDUSINDBK
by Trading_hawk