Thanks for the tremendous response I got for the Nifty-50 trading tool. It is non-repainting indicator and uses @version=4. This is trading tool for IndusInd Bank which is traded on National Stock Exchange (India). The results will be very different depending upon time-frame and date range of your choice. The strategy works best on 10 minutes timeframe. The...
Accumulate at low level, see below entry level. Whenever break 1200 level it will move up to 1500 but go with revise stop loss 1300 Buy zone 800 to 900 Stop loss 790 Tgt 1180 - 1500 current rate 1014.8 Disclaimer: Buy Sell is your choice. No Recommendation. Cheers! Vikas Gupta
Hi all!! Good day! It's sad news that YESBANK bankrupt and the shareholders of YESBANK are in despair state. It's time to think the state of other banks like Indus Bank. With my technical analysis , the INDUSINDBANK uptrend breaks as you can clearly see it in my chart. This will ignite major sell off. I'm not here to create panic at any cost. I always want the...
Volume should be rise, + price surge will be sign of reversal. I am expecting GAP u p. For the CLOSE Vie w :
Support 1137 nearby Final Support 1061 nearby If price fall heavy, reversal is possible. The tail is an important role in this stock for confirmation of direction. We have already seen tail last week but it's little smaller. 1242 is first target and last one is 1352 but the expected time will be too far for last target.
FOLLOW TRADE AT YOUR OWN RISK
The stock is entering the support zone but it will still take a long time before it settles down and can look for upsides again.
Sell IndusInd Bank at 1308 Stoploss 1315 Target 1291
Reasons - 1. Double Bottom 2. Harmonic Pattern Respected 3. Price Action Confirming UpTrend Can buy and on dips near first resistance for TGT 1500 easily Option Buyers : IndusInd BNK 1400 CE at 20 and on dips till 16 with SL 13 for TGT 30,40,50
ACCORDING TO WAVE ANALYSIS .. KEEP EYE ON BANKNIFTY
GREEN AREA IS GOOD DEMAND ZONE STOCK MUST TAKE SUPPORT ON THIS LEVEL IF IT BREAKS THIS LEVEL TARGET IS GIVEN FOR SHORT AND BUY ONLY ABOVE 1343 IF CANDLE GIVES CLOSE ABOVE IT WITH HUGE VOLUME
Market buy 1232/- NSE:INDUSINDBK if 31st january market close above 1300/- hold or close with tiny profilt
TREND ANALYSIS & TRADE SETUP Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX. Wait for entry setup, if available then Long/short. R:R is 3 to 8 times.
Sell IndusInd Bank at 1537 Stoploss above 1560 Target 1430
Bank is moving smartly. with building each downside a strong base. Thus, in coming days we can see the bank trading in the range of 1595-1610 range. With an Support base range of 1485-1475. Trade Cautiously. Market Commentary|Investiture.in