INDUSINDBK
IndusInd Bank - Long OpportunityLong Opportunity -
Indusind Bank is now in the sideways zone, MA is also confirming this zone. This stock has also filled the gap of 21 Feb. The CPR is narrow and at the upper side which indicates that there will be bullish movement expected. But we have to wait till the CCI turns to the plus level and MA headed to the upper side.
This stock will retest to the 940.50 level as there was a gap up opening we have seen, and as per the rule where there is a gap up or gap down market retest at that level and fill that gap. So, wait for the confirmation and then enter into the trade.
IndusInd Bank - Short OpportunityShort Opportunity -
Indusind Bank is forming a double top pattern, but this pattern is not yet completed. If this stock crossed the support of Rs. 929.70 then we have to wait till it retests. We can enter at the same support level. The CPR is narrow, which indicates big movement and the CCI is at the downside which indicates bearish movement.
IndusInd Bank - Short OpportunityShort Opportunity -
Indusind bank has formed an 'M' pattern (double top), which indicates that there will be a fall expected in this stock. This stock has already been retested at a neckline price of Rs. 960.45. The CPR is also a downside and RSI is giving confirmation of this stock. If this stock opens below the neckline and closes below this line, it will be a strong bearish call.
good bull pattern is IndusInd bankthese kind of chart patterns are the best to take an positional trade we can go long on this and can be a good bull run in upcoming sessions, take trade at your own risk and manage your own risk, this is just for educational purpose, we can buy at the days end what ever the price is but should be above the trend line or else we will not take any entry,
i will be shorting far out of the money puts and at the money puts for Mondays sessions, plan the trade according your risk apatite.
chart of Indusind Bank futureeducational purpose only
the pattern on daily chart of Indusind Bank future looks like a bullish double bottom.
important levels
cmp: 948.25
support: 941.50
resistance: 1060.00
this could turn out to be the ST money maker.
the 15 min chart of Indusind bank future looks bearish with the macd crossing on the downside and rsi looking exhausted with a downtrend.
buy on dips means that we wait for a dip and buy as soon as we see a reversal on this 15 min chart with stoploss below the support at 941.50 and we keep targets of 1050+
Indusind Bank Long SetupBounced back from strong support levels. Made Inverse Head and Shoulder (reversal) Pattern near support. Breakout with good volumes. Retest done. Taking support from 50 day moving average. May touch 200 &100 SMA around 1000. Looks good for a short term swing trade. Any strong close above 200 SMA may lead towards 1100 levels. An your trade accordingly.
Insudind bank Double bottom + DemandIndusind bank has came to it's strong demand zone and has bounced back.
It has made a Double bottom.
Swing failure can be seen.
MACD above signal line
RSI just below 50
Volume slightly above average
Buy above 870
Targets mentioned in the chart above
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BankNifty Future Intraday support and resistances 24/01/2022Expecting good gap up in BNF as ICICIBANK has given wonderful results. If BNF sustains above 37960/38000, we can see more upside in Intraday
If support level of 37480 breaks we can see good downfall in BNF Future, supports are mentioned in the chart
ICICIBANK Intraday support and resistances 24/01/2022 after Q3ICICIBANK has posted exceptional Q3 results and is expected to open gap up on Monday, we can expect to see levels of 820-840 on Gap up, if this gap up sustains we can also see levels of 850/860 Intraday itself,
If there is no gap up, these levels can also act as Intraday Resistances
Breakout in Indusind Bank...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
IndusInd Bank Looks Promising for Swing TradingIndusInd bank has been corrected till it’s major support area and near 200 EMA. Volume also on the short side has been decreased. Can add IndusInd Bank here at CMP 1040 for long term.
Add more if it comes near 1000.
SL 952.
Target 1200++
RR 1:1
Not a trade advice, Just for Education.
Before entry please check and consult with your registered advisor.