Looks Like Indus Ind wave 3 can end here.
So wave 4 can take it down to good support of 970 around.
From thr it can go for wave 5 to 1070 & 1160 levels..
NSE:INDUSINDBK
#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
#INDUSINDBK
Buy-Above- 925
Sl-855
T-1000 1050 1136 1193
The stock is ready top give a upside move above 825. Sl is last swing low near 855. While conservative sl can be kept at 875 for tight trailing.
In a daily chart we can see ascending triangle breakout in Indusind bank ltd with good volume. overall analysis are given in the chart. it is purely technical view not recommendation or call . Do your own analysis before investment ,
script was in a long consolidation below 200 EMA. By giving a huge volume breakout from a wide supply zone of 1000( Big round number/psychological level), we can safely say that a momentum can take place on upside in upcoming weeks.
Enter accordingly near 1010-1015
Tgt for 1130/1185
SL of 950
Though with high volatility in markets now-a-days, and where many...
Indusind is showing good strength and near a rectangular/flag pattern breakout.One can enter in this stock with a target of 1100 with SL of 980 . Entry Price - above 1030.
📈 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...
Chart -> Indusind Bank Daily
After giving a good quarterly result, Indusind Bank has breakout resistance area with a volume spike. Also after more than 5 months, it has closed above 200 DMA which shows strength.
CMP: 1018
Target: 1130
SL: 958
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please...
NSE:SBIN
#NSE:SBIN levels shared yesterday and it blasted with 15k profits/lot.
further levels marked for practice.
wish everyone bagged handsome money.
Happy LEearning !!
Indusind 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...
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...
