Stock currently in correction mode Possible turnaround from the strongest and nearest support & flip zone (1420-1400) Validates only if 1390 not broken Trades can be taken accordingly
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
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.
Follow levels , and trade accordingly, follow sl properly.
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...
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 !
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 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
Shouldn't close below 800 on Weekly Basis otherwise it'd activate the short targets of 600-550 in coming weeks.
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...
Long 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...
Short 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.
NSE:INDUSINDBK I am posting this on request from a follower on Twitter. Observations: 1) On 1 Day time frame, It failed to manage above 1200 level and then it is facing profit booking. A bit negative thing is that it closed below 21DMA which is placed as 1164.97 level. So we can consider that 1165-1170 will work as resistance zone. Please refer below...
Buy IndusInd Bank around 1190 - 1200 for the upper marked targets on the chart. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team