Indusind Bank completed Cup pattern
Situation -1 - We may see a breakout, Retest and a huge up-move towards 1740
Situation -2 , Price may retrace and fall towards 1000. At least 50%+ retracement from previous swing will be considered healthy.
Note - Trading is risky and please enter to trade after consulting to your financial advisor. Above...
Indusind bank after so many months somehow managed to break a strong horizontal resistance trendline and gives a strong close above on it so we can say it is a strong breakout on weekly chart I am not using any indicator to confirm the breakout because price speaks very louder on its chart so we can see some bullish moves will come in coming sessions in this...
#INDUSINDBK formed beautiful rounding bottom and stock trading @ key resistance level.
Post breakout sustainability can give good bullishmomentum.
Chances for Slight pull back.
Don’t enter without knowing the support.
Fresh trendline breakout seen in INDUSIND BANK, Also Stock on 1-hour Chart trading in Channel Pattern, We are Expecting Targets of 880 in the Next 2-5 days, Will Place stoploss below 839 And Entering Long at CMP @ 854
Time Frame :- 1 Day
Patterns Name :- Parallel Channel
A Big Red Marubozu candle taking up resistance at the top of a parallel channel which most probably shows up a down trend as this is a weak share too show here are two breakout which show the one scenario that could be done and here we have told about the marubozu candle who dont...
IndusInd 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...
This 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...