IndusInd Bank moving averages are in a mood for positive crossover on monthly charts. Monthly chart may have an golden crossover in coming few months Target of 1500 - 1600. Wait for at least 13-50 crossover to complete before entering the stock.
IndusInd closed today below previous high and gave the closing at ATH. Buy trade can be initiated above 1600 for the marked targets on the chart. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
Trigger line above 46.12 may reach 53.96, cash price may reach 18-30 Trigger line below 38.54 may reach 30.84, cash price may reach 18-22
If trigger line crosses over 57.73, may reach to 66.98, Cash price 25-30- If trigger line crosses below 47.58, may reach to 37.73, option price 22--40
If trigger line crosses above 57.45, will reach to 67.86, in Cash Price may go up to 25-45 Rs, If trigger line crosses below 51.33, will reach to 41.38, price may go down 18-25
If Trigger Line Crosses over 57.67, may reach 68.42, in cash 25-40 Rs. If Trigger Line Crosses below 50.02, may reach 37.54, in cash 10-18 Rs.
If Trigger Line Crosses over 56.54 If Trigger Line Crosses below 48.16
Follow levels , and trade accordingly, follow sl properly.
Usually 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...
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...
INDUSINDBK formed a bullish flag pattern in intraday. if it breaks 1135 level it can reach 1183.
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...
Accumulation or Distribution phase going on Mostly Accumulation I think, Keep it under your radar for a beneficial move. Thank you !
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...
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
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...
📈 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...
Indusind 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...