NSE:INDUSINDBK Indusind bank limited share has just given breakout on weekly time frame sl can be below black line for long term positional. it has given breakout after good consolidation, that is the plus point for this breakout. ******whatever charts or levels sharing here are just for...
INDUSINDBK is trading at a crucial point. There is a chance of multi year trend reversal , if the weekly trendline is taken out. Then stock will start its uptrend. The stock has been trading in a very tight range since few months. And now its coming out of the range. The Trendline support has been pushing it up. Buy- Above 1000 Sl-950 Target - 1428 and More
Ascending Triangle Breakout Buy At Cmp - 1045.5 SL - 1025 (DCB) Target - 1140
1.buy above 1031, Targets - T1, T2, SL-1023 2.weak below-1018, Targets-T1, T2, SL-1025 3. void if opens big gap up or gap down
Indusind Bank is following this channel nicely and we recently took multiple traders by following this setup. 1010-1015 is the next resistance zone for this stock and if it is able to sustain above these levels, we may see a 1060-1070 price on the screen. In another scenario, if it faces rejection then again towards 970 odd levels. To motivate me, Please like...
The stock took support near the middle support line and if sustains above Friday's high then it may go towards the next resistance lines or if it breaks the low then the lower white line may be tested. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
If you are a bit risky trader, Sell Indusind Bank at cmp 616.5 (cash) Strict SL - 639.1 Target - 560 If you are a safe trader, Sell Indusind Bank below 597 Strict SL - 611.1 Target - 560/540 Explanation : Gravestone Doji on daily charts + "weak sell" but a sell on "Ichimoku Cloud"
I hope you can now see how INDUSINDBANK represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Thank You Disclaimer: It should not be...
Note: This is for educational purpose only. There seems to be a channel & descending triangle bullish breakout with volume. Moreover, there is a trend line breakout in RSI as well. Entry Price: ₹590 SL: ₹535
Hi, This tweet for educational purpose not buy sell call... Let's INDUSIND BANK complete C&H pattern OR not.
I hope you can now see how the Indusindbk represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed...