Indus Ind BankNear channel Breakout. If close above 1492 it will show fast upwards move till 1552. can retest till 1444. Keep in watchlist for swing trade.
Indusindbankchart
IndusInd Bank Net Profits Zoom 50% Price Action also showing (+)IndusInd bank trading in a bullish channel and now it is trading in mid range of that channel. Price also taken support at EMA 200 D is line. MACD and RSi also giving bullish crossover. So technically this is looking awesome on chart. Now talk about fundamentally, so here today was the result day and result is also attractive and the board of the bank also recommended a payment of dividend at the rate of 14 Per share subject to approval of the shareholders at the ensuring Annual General Meeting.
So if anyone wants to go long in it, can go with given level on chart. Please follow strict stop loss.
For option lover:-
Sale IndusInd 1100 pe at 31
keep stop loss 62
& hedge with
Buy IndusInd 1000 pe at 6.9
For naked option buying:-
Buy IndusInd 1080 Ce at 53.8
keep stop loss at 13
Target 77/89/101
Please follow a strict stop loss
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thankyou:))
Indusind BankAccumulation or Distribution phase going on
Mostly Accumulation I think, Keep it under your radar for a beneficial move.
Thank you !
Indusind bank analysisThe market is in Consolidation mode... Took a reaction from 52 Week's High.
Very important Trendline, If it breaks with a Big candle then we will witness a huge fall.
OI & Volume are to have to be considered.
IndusInd bank in a triangle on 15m TF.Friend's, 🤗This will be a best intraday stock for intraday players on 13-06-2022.As we can see that IndusInd bank is trading in a triangle.Our view is totally bullish on upside & because of this also gave closing their near trendline with very bullish signal Candle. This should be add in our watchlist for Monday. 🧐We Can buy this when price crosses 927 & substain above min 5-10 min with the accurate target🎯 of 937,947.All know that if this stock Starts to rise that no will have to dare to stop it's rally. Intraday players don't forget that and ready for big move. 🖐🖐🖐
IndusInd Bank Chart Analysis !!📈 Indusind Bank 📉
My Findings :-
1. Breakout from a resistance zone which was support earlier also with a strong candle.
2. Close above five months high.
3. Higher High and Higher Low formation.
Bias- Long
Target- 1139 and 1229
SL- 930
RR- 1: 2
All Important Supports and Resistances are drawn in chart.
All levels are of Spot and on closing basis.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
