INDUSINDBK
Long IndusindbkI hope you can now see how the Indusindbk represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
17TH JULY INDUSINDBK TRADE SETUP, PRICE ABOVE RESISTANCE LINEThe price broke above a resistance line with good volumes which is a good sign. The price inclined for a move to go into ichimoku cloud, so the technicals are with the buy signals. Place stop loss and targets according to support and resistance lines drawn.
NIFTY50 KEY LEVELS SUPPORT AND RESISTANCE 10/07/2020 FRIDAYKey Levels for NIFTY50 : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~10872
FIRST TARGET~10917
INTERIM RESISTANCE~10962
FINAL RESISTANCE~11015
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LOWER BREAKOUT~10783
FIRST TARGET~10738
INTERIM SUPPORT~10689
FINAL SUPPORT~10640
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.