We Make You Feel RicherIndusInd Bank Ltd -
CMP - 851.50
About
IndusInd Bank Limited was incorporated in 1994 as a commercial bank under the Banking Regulation Act, 1949. The Bank is publicly held and provides a wide range of banking products and financial services to corporate and retail clients besides undertaking treasury operations. The Bank operates in India including at the International Financial Service Centres in India.
This is just to boost my confidence. No Suggestions for buying. I will keep checking and updating my mistake if last post gone wrong...
Disclosure: I am not SEBI registered. The information provided here is for educational purposes only. I will not be responsible for any of your profit/loss with these suggestions. Consult your financial Adviser before making any decisions.
INDUSINDBK
INDUSINDBK-Intraday/short term positional After the big fall, stock is consolidating from last month.
It has formed Ascending tringle pattern. From past 2 days i.e. 8th and 9th April 2025. It is trading in range. which states that buyers are accumulating.
It has potential to move if it opens between 692-700. It may go sideways for one more day it is a good opportunity for Long Intraday/short term positional trade.
If it opens 666, avoid.
Any confusion, feel free to drop msg. Happy to help :)
This is only for educational purpose, please manage your risk accordingly.
25th Oct 2024 - IndusInd lower circuit, ICICI Bank will save us?BankNifty Stance Bearish ️⬇️
BN has fallen only 2.46% ~ 1283 points and is much better than Nifty on a relative basis. IndusInd Bank took a huge beating on Friday as it fell ~ 18.63% due to poor quarterly results. Indian stock markets are not used to such wild reactions, but if our markets start punishing stocks for bad results, I guess it is much better for the future. Ideally, such reactions on stock prices will keep the management on their toes to avoid poor results thereby helping them put in the necessary hard work to achieve the desired results.
ICICI Bank will react to its results today, since we are in a bearish hold, would like to see if Sell on Rise is applicable on this scrip. The main point to consider is that ICICI has more than 27% weightage on BankNifty and is single handedly capable of bringing out BN from the Bear hold.
51101 is my first resistance level above which I will change the stance to neutral. For real bearish momentum to pick up, we need to fall below 49704.
INDUSINDBK - Cup and Handle breakout - DailyName - INDUSINDBK
Pattern - Cup and Handle breakout
Timeframe - Daily
Volume - Avg
Cmp - 1464
Can test - 1570
SL - 1450
Q1 FY 2023-24 Key Highlights Consolidated financial results
o Net Interest Income (NII) grew by 18% YoY to ₹4,867 crores from ₹4,125 crores
o NIM improved to 4.29% as at Q1 FY24 as compared to 4.21% as at Q1 FY23 and 4.28% as at Q4 FY23
o Quarterly Net Profit grew by 30% YoY to ₹2,124 crores from ₹1,631 crores
o Deposits grew by 15% YoY to ₹3,47,047 crores from ₹3,02,719 crores
o Gross NPA and Net NPA ratios improved to 1.94% and 0.58% from 2.35% and 0.67% YoY respectively
and PCR at 71% as at June 30, 2023
o CRAR as on June 30, 2023 at 18.40% as compared to 18.14% on June 30, 2022
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Disclaimer: This analysis is for informational purposes and not financial advice. The author is not a registered financial advisor. Individuals should conduct their research and seek professional advice before making investment decisions
Indusind bank BearishTitle: IndusInd Bank (INDUSINDBK) - Long-Term Bearish View
Analysis:
- Technical analysis suggests a potential bearish trend for IndusInd Bank.
- RSI/MACD indicating potential weakness.
Fundamental Considerations:
- .
Expected Move:
- Anticipating a decline to 1451 in the short term.
Risk Factors:
- Stoploss @ 15 points
Time Horizon:
- 7 to 14 days time
Caveats:
- Market conditions can change rapidly; monitor closely.
- This analysis is not financial advice; always do your research.
Positional_ Indusind Bank1. Indusind bank can breakout from current range.
2. This maybe a breakout after around 3 years of consolidation.
3. This is a patient trade. It may require a full week or two to decide entry.
4. SL, Entry and Target will be decided afterwards.
5. My view is if it doesn't breakout (and give entry signals), It may come down to retest the "violet trendline".
6. The problem I have experienced in the banking stocks is that most of the stocks moves in direction of bank nifty. The setup in individual stocks doesn't matter that much as it should.
Disclaimer: The views expressed in this article is of my own, you're solely responsible for any decision taken in the markets resulting in financial gains or losses. The analysis I've shared is just for informational and educational purposes only.
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.