INDUSINDBK (M) is in an uptrend (ascending channel). An ascending channel is the price action contained between upward sloping parallel lines. Higher highs and higher lows characterise this price pattern. Technical analysts construct an ascending channel by drawing a lower trend line that connects the swing lows and an upper channel line that joins the swing...
Note: Weekly Chart: - Rounding Bottom formation completed with 11 months time horizon (blue arch) - Convincingly above long term (3 yrs) downtrend line. (blue solid line) - Cum. Vol delta is positive and in uptrend for last few weeks (below plot) - In a fresh motive Wave-1 in Elliot Wave since July (purple). With a SL of 1150, one can long. For safe trader can...
Indusind Bank completed Cup pattern What's Next?? Situation -1 - We may see a breakout, Retest and a huge up-move towards 1740 Situation -2 , Price may retrace and fall towards 1000. At least 50%+ retracement from previous swing will be considered healthy. Note - Trading is risky and please enter to trade after consulting to your financial advisor. Above...
The pattern and targets for breakout and breakdown is as shown on the chart. This is my view and for educational purpose only
Stock Name - Indusind Bank Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 1150 #This is not Buy and Sell recommendation to any one. This is for...
As IndusInd Bank Is at Top , volume and rsi Is Constantly dreasing .Time For Short After It Breaks Its Range Short At Range Breakdown.
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NSE:INDUSINDBK One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. Close should be good, and Clean. R:R ratio should be 1 :2 . Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Looks Like Indus Ind wave 3 can end here. So wave 4 can take it down to good support of 970 around. From thr it can go for wave 5 to 1070 & 1160 levels..
NSE:INDUSINDBK #INDUSINDBK formed beautiful rounding bottom and stock trading @ key resistance level. Post breakout sustainability can give good bullishmomentum. Chances for Slight pull back. Don’t enter without knowing the support.
Close below the IC range, gives a steep fall Lacks momentum on LTF
I daily make educational content videos on financial markets.
Fresh trendline breakout seen in INDUSIND BANK, Also Stock on 1-hour Chart trading in Channel Pattern, We are Expecting Targets of 880 in the Next 2-5 days, Will Place stoploss below 839 And Entering Long at CMP @ 854
Stock is finding support aroung 800 Levels. As long as these levele are not broken bulls can have upper hand in driving prices higher
Shouldn't close below 800 on Weekly Basis otherwise it'd activate the short targets of 600-550 in coming weeks.
IndusInd Bank is trying to move to its pre Covid-level Price. The Mishap that happened last year shocked the investors due to which a there was a 34% decline in stock from it good bull run. The stock is gaining momentum and is pushing itself to its Intrinsic Value . We can expect the stock to move to a good 1300 - 1400 Level given that the it dosen't get affected...
#INDUSINDBK Buy-Above- 925 Sl-855 T-1000 1050 1136 1193 The stock is ready top give a upside move above 825. Sl is last swing low near 855. While conservative sl can be kept at 875 for tight trailing.
📈 Indusind Bank 📉 My Findings :- 1. Breakout from a resistance zone which was support earlier also with a strong candle. 2. Close above five months high. 3. Higher High and Higher Low formation. Bias- Long Target- 1139 and 1229 SL- 930 RR- 1: 2 All Important Supports and Resistances are drawn in chart. All levels are of Spot and on closing...