The market is in Consolidation mode... Took a reaction from 52 Week's High. Very important Trendline, If it breaks with a Big candle then we will witness a huge fall. OI & Volume are to have to be considered.
Indusind banks results are way better than you think Looking good above 1240 with a target of 1588 You can put stop loss of 1090 Results and chart both looking good
a monthly breakout found in indusindbank . buy above 1245 to 1250 and 1st and 2nd target is given on chart.
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.
SUMMARY:- -keep an eye on indusind bank -we have a major resistance break on the cards -it can open up area of 960-1020 -possible inside bar break -morning low will be our stop in the trade INDUSDIND BANK SPOT TRADE BUY@960(wait for closing neat this level) STOP@940 TARGET@980-995-1010 RISK TAKERS AND OPTION TRADERS INDUSIND BANK 980 AUG...
Close below the IC range, gives a steep fall Lacks momentum on LTF
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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
NSE:INDUSINDBK Can buy above 855 for short term, targets are recent highs