Indusind Bank is following this channel nicely and we recently took multiple traders by following this setup. 1010-1015 is the next resistance zone for this stock and if it is able to sustain above these levels, we may see a 1060-1070 price on the screen. In another scenario, if it faces rejection then again towards 970 odd levels. To motivate me, Please like...
Sell below 949 with stop loss 985.20 for target of 860 and 828. Disc : it's not an investment advice to buy or sell
Indusind bank respected the trend line on 25 March, If it gives a closing below ₹928 short it for further target of 860 which will act as a strong support. Wait till it breaks the structure as shown above, and short when it breaks the trend line. Ph 6006840151
Closing above 980 will confirm bullish even RSI likely to break above trend
buy ABOVE 995 sustaining Targets - 1050-1100-1150 REASON - 1. trendline support 2. 50% fib retracement support 3. previous resistance acting as support 4. nifty seems bullish at 14300 5. moving in trend as shown in chart NOTE : going to long if and only if market gose up
Near support level which was previous resistance. Can expect a bounce from here.
Near 828-800 stock have strong demand zone Reason -> weekly and monthly demand zone are also near by Nearest zone is near price range 982-950 All zone are untouched.
The 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
The picture tells pretty much everything.
Buy at CMP and accumulate at 970-950 levels Stop Loss at 800 (or according to your risk capacity) Targets at 1200/1440 Disclaimer: Trade at your own risk.
Indusind bank at very strong and will fly from here
Higher timeframe looks to be in flag position Major Support:1005 Major Resistance: 1096
INDUS IND BANK - SHORT FOR NEXT TARGET 1015 BOTH VOLUME AND RSI - SIGNALS FURTHER DOWNSIDE
Closed below 20 DEMA. Sell with sl abv 1056 target 976-955. This is a short term correction. My ultimate target is still 1300+. Disc : it's not an investment advice to buy or sell
a movement of 7 waves in Indusind bank which may be a double zig-zag. last wave named as Y , in this wave it is making 5 impulsive wave. --------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------- 5th impulsive wave may end near...
The stock looks good above 1120 for the targets of 1160 and 1195 until 1078 is intact on the downside. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Indusland Bank Flag And Pole Pattern Breakout Trade For 26-02-2021