INDUSINDBK
IndusInd BankIndusInd bank is moving in channel since April. Trade from bottom of channel can be taken to top of channel.
Marked buy zone, target and stop loss.
This is not a trading advise or endorsement, only an educational idea. Consult your investment manager or do your risk assessment before entering any financial position.
NIFTY BANK LOOKING FOR UPSIDE FIRE FOR RANGE 25700-26000-26600NIFTY BANK, As we have seen that it has not made much upside compared to nifty 50
Current scenario says that Nifty Bank can go more upside in which hdfcbank and indusind bank also looking bullishness for short term basis.
BANKNIFTY TRADING WITH BREAKOUT ITS RESISTANCE
BREAKOUT @23650
UPSIDE ZONE AFTER RETRACEMENT -- 25700-26600
NOW SUPPORT ZONE @ 23750
15 TRADING DAYS EXPECTED TIME
{VIEWS ARE ONLY FOR EDUCATIONAL PURPOSE.}
HDFCBANK LOOKING FOR UPSIDE 1200 LEVELS TO TOUCHHDFC BANK, As have seen that Nifty has made good upside campared to Nifty Bank,
But in coming days Nifty bank looks good bullishness for upside Zone in which Hdfcbank and Indusind bank looks good for upside.
HDFCBANK--HOLD VIEW
LOOKS LIKE TRADING IN CHANNEL PATTERN
CMP @1114
GOING FORWARD FOR 1200 LEVELS
DOWNSIDE SUPPORT @1080
SHORT TERM 7 TRADING DAYS
UPSIDE RESISTANCE @1200
{VIEWS ARE ONLY FOR EDUCATIONAL PURPOSE.}
INDUSIND BANK LTD - Looking weak Moving averages are looking weak and volume also not supportive for an upward movement.
Disclaimer : The opinions and analysis expressed herein are for informational and educational purposes only and should not be considered as individual investment advise or recommendations. I am not your financial advisor. Risk it for Biscuit.
INDUSIND BANK LTD: AnalysisIndus bank is on the verge of breakout keep an eye on it. Formation of triangular pattern and good volume contraction in Bollinger Band indicator.
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If bank nifty falls their is a high chances that the breakout will be in the downward direction else sky is the limit.
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Calculate your RR ratio and trade accordingly.
INDUS BANK - DESCENDING TRIANGLE - 14 SEP,2020Most of the time , the price will eventually break the support line and continue to fall in a Descending Triangle situation. However, in this case the support line seems to be very strong. It appears that the price is going to bounce off the support line and will make a strong move upwards. The good news is that we don't care about the Price Target. We just know that the price is about to go somewhere on Moday-Tuesday.
Disclaimer : The opinions and analysis expressed herein are for informational and educational purposes only and should not be considered as individual investment advise or recommendations. I am not your financial advisor. Risk it for Biscuit.