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Indusindbklong

Indusind Bank- Bullish TriangleUsually this wave structure forms in an impulsive sequence as wave 4 . It consists of 5 sub waves as wave-a , wave-b , wave-c, wave-d and a final setback wave-e . Each of these waves consists of three wave internal structure. Each of the waves should not break their extreme points. The final confirmation to enter the position comes when the price gets close above the level of wave-d. The minimum target of the pattern is just a poke above the level of wave-b and just above the level of wave-3 of the impulsive count. There is also a guideline to predict the target of this pattern which is known as triangular thrust. The triangular thrust is the measurement of the distance from the level of wave-a to the level of wave-b . This measured length should be kept at the point of completion of wave-e (conservative approach) or to the breakout level of wave-d to get the target of this pattern (aggressive approach). INVESTMENT STRATEGY: Buy on CMP 1448 , keeping SL of 1398 look for the target of 1500/1550 in the coming days
NSE:INDUSINDBK
by TradingSutra
IndusInd Bank forming Flag and Pole pattern.Indusind Bank is consolidating in a range after a good rally forming a flag and pole pattern on the weekly charts. The stock has formed a dragon fly doji and is trading in 5% range for last 40 days which predicts that there will be a nice break out or break down. It has been trading around the 20 ema on the daily charts and in the last session given a 2% bullish move closing above the moving average. The stock is holding the recent high and is consolidating around it while the other banking stocks have given a retracement after forming new recent highs. Previously, the stock has given a nice rally of 13% after the break out. The stock looks in the bullish mode, if the stock gives a break out, cash positions can be carried and hedged future call of current expiry can be carried. Target :- 1550, 1665 Entry :- After the break out of 1440 levels. Stop loss :- Close below the previous hourly consolidation. Watch for the weekly close above the consolidation zone and if the stock gives a close above it in the daily chart, position can be entered with a small Stop loss. Wait for the price action near the levels before entering the market.
NSE:INDUSINDBK
by Mambotrade
IndusInd bank out of the consolidation zone.Indusind Bank has given a break out of the consolidation and crossed the 20 ema on the daily time frame. The stock has been in consolidation from october and gave a nice break out in the end of november. The stock can be traded once there is retest of the level and the stock can give nice up side targets. 3 points confirmation. 1. Break out of the consolidation zone. 2. Crossed daily 20 ema and closed above it. 3. The volumes are higher than the previous day. The stock option and stock can be traded once the stock retest 1160 levels. Traget:- 1229, 1265 Stop loss :- 1150 The stock can be traded for intraday once it crosses above 1173 and can give a intraday target of 1200. Wait for the price action and enter once the stock gives a close above the levels.
NSE:INDUSINDBK
by Mambotrade
IndusInd Bank LongIndusInd 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 much due to the outside news , war etc. There is a Gap between 1186 and 1130 which can help us set our targets. Even though the Gap is a breakaway gap , IndusInd still has a hold in the blue chip area and in the index as well. According to me, First Target - 1050 - 1080 Second Target - 1130 Third target - 1280 Fourth Target - 1380 Stop Loss - 800 Invest Wisely. Abide the stoploss as well. Happy Investing
NSE:INDUSINDBKLong
by Sahil_Narkar
IndusInd Bank Chart Analysis !!📈 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 basis. Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
NSE:INDUSINDBKLong
by ShelendrAgrawal
IndusInd bank near a crucial support levelIndusind bank has been consolidating in a narrow range and the two moving averages are converging near the closing price, On weekly time frame, the stock is taking support from the 20 ema and a doji is formed. support :- 960,945, 900 Resistance :- 995, 1046, 1100 Here, moving averages crossover, price action and volume analysis can be used to confirm the trade. On hourly time frame, if the price trade below its 200 ema, a nice opporunity to short will be confirmed as a support level and moving average support will be broken.
NSE:INDUSINDBK
by Mambotrade
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.
NSE:INDUSINDBKLong
by sayenpure
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 Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding. Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
NSE:INDUSINDBKLong
by this_is_shoaib