IndusInd 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...
I hope you can now see how the INDUSINBK 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...
Nice and clear bullish divergence seen on IndusInd chart. It can provide a good upside move above 530. Please wait for confirmation on Monday before entering the trade as market sentiment may have changed by then.
Taking support at 50 day EMA, levels are given, trade with the trend.
Reason to buy- Golden cross over formed Harmonic pattern Demand zone
I 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...
INDUSIND can be sold at highs , if it breaks 517 levels , it will be bullish .
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Short Tem Good Buy Indusind at Current Level With SL 485 Tgt 575 ++ Mid term Positional Stock Can Move Above 700
Buy at 525-527 if it shows strength with good volume with a stop loss of 510. Short if it goes below 510 with a target of 499 with stop loss of 525.
indusind bank forming an inverse head and shoulder pattern in hourly time frame
watch for neckline breakout buy setup above 525 for safe players above 527
Indusindbk running in the parallel channel in the 1-hour timeframe buy above 526 then stop loss is 514 and the target is 540-548 and if the cross and stay above 550 then the target is 565-580.
The 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.
Support and resistance lines are drawn, place stop loss and targets accordingly. The stock is looking very weak below 498.55, take long positions carefully.
The stock will fall till the Level 411.75 upto 23rd July,2020 and will go till the Level of 617.85 upto 30th July, 2020
Education purpose only! Hello Guys, On Indusind bank 1 hour time frame we have drawn a traingle pattern wait for breakdown and you can take position.