I hope you can now see how INDUSINDBANK 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 . Thank You Disclaimer: It should not be...
We formed W pattern Indusindbk. And from weekly perspective we retraced till golden ratio of fibonacci ( 0.61%).
For tomorrow we will look to Buy above 433 Target:454 SL: 429 RR: 1:7 Try to book half at 454 and trail the other half and keep riding till the end
confirmation on crossing 612..tgt 700 -750
Indusind Bank is making Ascending chart pattern...Buy or sell after Breakout lines Buy if it crosses above 612. 1st Target at resistance 1 - 622 2nd Target at resistance 2 - 630 Short if it breaks below 605 1st Target at support 1 - 600.5 2nd Target at support 2 - 595 *This is my analysis just for the educational purpose.
These are the important levels to watch out for in Indusind bank. Crossing of these levels mean that the stock will be pulled to the adjacent next level.
#indusindBank still valid for Long. Need to watch the movement with current trendline.
Indusind Bank is trying to make Inverse Head and Shoulder patter, Stock is trading above all EMA (20,50,100,200). once pattern is broken, Stock has potential to reach 700+ levels. Support is seen at 595 level.
Bullish mode in stock . Flag pattern long above 632 TGT 680-685 SL 605. Risk to reward ration 1: 2. This is for your educational purpose only.
BANKNIFTY KEY LEVELS SUPPORT AND RESISTANCE Levels marked on 1Hr Timeframe, Can be taken for Intraday as well as swing
MORE DETAILS ON CHART FOLLOW FOR MORE UPDATES
Induslnd stock to buy for long entry. levels mentioned on the charts. This is for your educational purpose.
BANKNIFTY UPCOMING SCENARIO EXPLAINED SCENARIO 1- FOR UPPER RESISTANCE BREAKOUT ****************** SCENARIO 2- TESTING UPPER RESISTANCE AND THEN BACK TO DOWNTREND
THERE WAS RESISTANCE , AS SIMPLE AS IT SOUNDS . YES , I DONT USE ROCKET SCIENCE TO MAKE MONEY