🏟 Indusind bank 🎯NSE:INDUSINDBK
Indusind bank limited share has just given breakout on weekly time frame sl can be below black line for long term positional.
it has given breakout after good consolidation, that is the plus point for this breakout.
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Indusindanalysis
INDUSINDBK Ready To BlastINDUSINDBK is trading at a crucial point. There is a chance of multi year trend reversal , if the weekly trendline is taken out. Then stock will start its uptrend.
The stock has been trading in a very tight range since few months. And now its coming out of the range.
The Trendline support has been pushing it up.
Buy- Above 1000
Sl-950
Target - 1428 and More
IndusInd Bank Took SupportThe stock took support near the middle support line and if sustains above Friday's high then it may go towards the next resistance lines or if it breaks the low then the lower white line may be tested.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team