PAIR TRADE "KOTAK-VS-INDUS" !!(26 DEC)!!PAIR TRADE
KOTAK-VS-INDUS
"BUY"-KOTAKBANK
FUTURES QTY (26DEC)
LOT:400
QTY:2
RATE:1608
TOTAL BUY VALUE=12.86 LAC
"SELL"-INDUSINDBK
FUTURE QTY (26DEC)
LOT:400
QTY:2
RATE:1570
TOTAL SELL VALUE=12.56 LAC
INDUSINDBK
IndusInd Bank: Possible swing move on the cards?Monthly: After forming multiple dojis, the price broke below the weak support indecisively. A weak hammer can be seen forming in Oct. A little bounce to test that zone can be seen this month.
Weekly: Price is making LHs and LLs. Last two candles show rejection of resistance.
Daily is in nice uptrend. We need a clear break from the Daily TL and price to make a LL. Once price closes below 1320, we can look to go positionally short on a pullback and 75min TF confirmation.
NSE INDUSIND BANK 1190 TO 1465, NOW ABV 1465 MORE UP ELSE DOWNNSE INDUSIND BANK 1190 TO 1465, NOW ABV 1465 MORE UP ELSE DOWN
PLAN YOUR TRADE AND TRADE YOUR PLAN
#MARKETSWITHNARESHSUTHAR
INDUSIND BANK ANALYSISRESPECTING CHANNEL LINE IT HAS TOUCHED LOWER LINE SO IT SHOULD NOW HEAD FOR UPPER TREND LINE TARGET IS GIVEN WITH ARROW BUT IF LOWER LINE BREACHED ON CLOSING BASIS TARGET FOR SHORT ALSO GIVEN WITH ARROW IF BULLISH CROSSOVER OCCURS IN STOCHASTIC AS MENTIONED WITH WHITE RECTANGLE THIS WILL THEN BE BULLISH DIVERGENCE AND WILL CONFIRM UPTREND GOOD LUCK
NOTE: TRADE AT YOUR OWN RISK
INDUSIND BANK SHORT IDEA VERY SHORT TERMIT IS RESPECTING CHANNEL LINE GO SHORT A LITTLE TARGET MARKED WITH ARROW STRICT STOP LOSS IS UPPER LINE SHOULD NOT BE BROKEN ON CLOSING BASIS
NOTE: FOR EDUCATION PURPOSE ONLY
INDUSIND BANK IDEAIT HAS FORMED NEW CHANNEL LINE AND RESPECTING IT ONCE UPPER LINE IS BROKEN WITH GOOD VOLUME GO LONG TARGET IS GIVEN BUT EXPONENTIAL MOVING 100 IS STRONG RESISTANCE ONCE CLOSES ABOVE IT WE ARE GOOD FOR LONG UNTIL THEN IT MAY KEEP MOVING IN THIS CHANNEL GOOD LUCK
Is Indusind Bank in Bull trend?After consolidating at the level of 1280-1300, the bank is moving to test the upper levels of 1430-1460 levels by trying to beat the current levels of 1360.
INDUSIND BANK : Bears come to the fore..!Indusind Bank (Monthly) On higher timeframe charts we observe that the counter has breached an important support trendline and the recent headwinds faced in select Private banks are beginning to impact the Banking space and could lead to some swift declines. After the long term support trendline was decisively breached in June the charts formed a doji for the last three months and is now once again showing some pronounced weakness. The weakness seen on the charts clearly suggests more pain emerging in this counter. MACD continues to show steady weakness as selling pressure intensifies.With clear supports emerging at the moment around 1070-1100 we could look to short at current levels and on every rally.
Idea Sourced From
trade.chartadvise.com
IndusInd- Clearly trending down It's my view , bears are roaring.....will take 1100PE ....
Note: Do your own analysis...and take your decision
INDUSINDBK 1520 || LONG || INTRADAYBUY above 1520 SL 1515
Targets 1535, 1550, 1575, 1580
OR
INDUSINDBK 31OCT 1500 CE (₹65.85)
Indusind bank Swing trading analysisHere by I have plotted the long term support and resistance lines for Indus-Ind Bank . As per my own analysis the stock has formed the wedge pattern on daily chart. I'm expecting the breakout from the pattern on forthcoming days. Up on breakout the target should be the 1535. Its for swing trading ideas.
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Wait for breakoutINDUSINDBK is beautifully forming a bullish structure.
Buy it on breakout and let it ride.
i will further update the chart post the breakout in my channel www.t.me.tacharts
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