INDUSINDBK
Indusindbk Trade setup !Hello! Friends,
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The price is Becoming weaker by testing multiple Times at control Price, The price is COnsolidation from last month .
If is continue consolidation We will see litle correcction in the price Where we will get Buying opportunity between 480-500, Rather you can buy at current level or averaging your price for target toward 550-600-650 in upcoming weeks all the banking sector are undervalued excepts some
Option Pick In cosolidatin or Whatever Range bound :
SELL 520 CE JULY + SELL 510 PE JULY
INDUSIND - SYMETRICAL TRIANGLE BREAKOUT UPWARD. 3 Sep,20It has formed a Symetrical Triangle on a 45 Min chart. The triangle has broken upwards and a big spike is expected on 3rd Sep 2020.
Targets maintained as per my previous ideas.
Professional Day/ Short-Term Swing Trader. Ideas and entities are opinions. Trade at YOUR OWN RISK. I am not your financial advisor. Risk it for the biscuit.
INDUSIND BANK CHANNEL BREAKOUT FOR UPSIDE RAILYINDUSIND BANK, As we have seen past Resistance touching and then Fire up with breakout its Resistance..
Expecting some Upside View
INDUSIND BANK--LOOKING UPSIDE
FACED RESISTANCE ZONE THEN MADE BREAKOUT
EXPECTING UPSIDE ZONE TO 720-780 RANGE QUICK
SUPPORT ZONE @600 LEVELS
15-20 TRADING DAYS TIME LEVEL
{VIEWS ARE FOR EDUCATIONAL PURPOSE ONLY.}
INDUSIND - UPTREND CONTINUESIndus bank closed above 150 days moving average at a price 665.65 on 28Aug. Now the question is will the price move higher?. There wont be any surprise if this stock will continue uptrend upto 800 . Most of the banking sector have recovered around 60% to their pandemic levels, whereas Indus is still in its undervalued territory(Oversold).
Let's see what the Exponential Moving Averages (EMA) tells about the future trend. Like all moving average indicators, EMAs are much better suited for trending markets. When the market is in a strong and sustained uptrend, the EMA indicator line will also show an uptrend and vice-versa for a downtrend.
As we can clearly see on the daily chart that all the three EMA's 9/10 & 20 days are showing a clear uptrend.
INDUSBANK - Double Bullish Pattern. 26 Aug,2020Formed a Triple Bottoms Pattern and at the same time broke the Bullish Rectangle above the trend line . Last time when Double Bottoms formed it reached the target of 565. Same of close target is expected in two weeks. Once it breaks the resistance of 565 it may see a high target of 575.
INDUSINDBK - GOT A TRIANGLE INSIDE A TRIANGLETRIANGLE PATTERNS ARE VERY MUCH RESPECTED BY THE MARKET. SO YOU CAN EXPECT A SHORT TERM BREAKOUT AND ALSO A LONG TERM BREAKOUT AS YOU CAN FIND TWO TRIANGLES FORMING THE CHARTS. WATCH OUT FOR THE MOVE........
Beware : Please keep in mind and stay away from False Breakout Traps.
Also this is not any recommendation, it is only for educational purpose.
Trade at your own risk.
Thank you
Have a Nice day!!
chart analysis of Indusind bank for trading on 20.8.2020here we have done the chart analysis of indusind bank
trade with strict stop loss
buy above 520
target 530,540
stoploss 508
Breakout in IndusInd!IndusInd has given a breakout in the previous session. I expect the momentum to continue towards the upside. My bias on Banknifty is currently bullish, due to the structure which HDFC Bank is forming, and as it is a heavy weight in Banknifty, I expect a breakout in HDFC Bank would be followed by a bullish move in Banknifty. And as IndusInd Bank is a part of Banknifty, it may benefit from it. AGR news will also affect IndusInd Bank, as if the news is in favour of Vodafone-Idea, then IndusInd Bank may also move, as it is a lender to the telecom company. This may fuel the rally towards my target. AGR verdict is on Monday, which is tomorrow, so will have to see how it turns out.
This is an educational post and all the opinions provided above and on charts are simply speculation. Nothing is 100% in stock market.
Consult your financial advisor before taking trades
I do not recommend taking trades according to my analysis as you may incur loss, for which I am not responsible.
Trade carefully
Grateful🙏
INDUSIND BANKUpcoming downtrend
Prices have increased with negative divergence in RSI & Volume.
Ascending triangle has formed depicting a continuation downtrend.
As of 5th August, it shows weak buying for intra or couple of few days but sell signals for positional(short term) trading.
Go short till 470, weak support between 460-470rs.
Next support between 301-342.
Trade at your own risk.
Indusind Bank Short termIndusInd Bank has given a breakdown and is very likely to reach 470. Volatility has reduced in recent sessions, but banks continue to be volatile, and one such high beta stock is Indusind Bank. I expect the target to be reached within this week. Safe strategy would be to sell 500 CE and buy 510 CE for hedging purpose. Trade according to your analysis.
This is an educational post and all the opinions provided above and on charts are simply speculation. Nothing is 100% in stock market.
Consult your financial advisor before taking trades
I do not recommend taking trades according to my analysis as you may incur loss, for which I am not responsible.
Trade carefully
Grateful🙏