Private
INDUSIND BANK : Bears come to the fore..!Indusind Bank (Monthly) On higher timeframe charts we observe that the counter has breached an important support trendline and the recent headwinds faced in select Private banks are beginning to impact the Banking space and could lead to some swift declines. After the long term support trendline was decisively breached in June the charts formed a doji for the last three months and is now once again showing some pronounced weakness. The weakness seen on the charts clearly suggests more pain emerging in this counter. MACD continues to show steady weakness as selling pressure intensifies.With clear supports emerging at the moment around 1070-1100 we could look to short at current levels and on every rally.
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My PredictiveEngine's Intraday call(08-May) - CANBK - LongBased on my PredictiveSystem's signals, today (08-May) its going to be a GREEN candle for NSE:CANBK
Buy above: 263.6
Target-1: 265.3
Target-2: 266.6
Target-3: 267.8
Stop loss: 261.1
Note: These calls are based on my own analysis. It may or may not work well for you. So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
My PredictiveEngine's Intraday call(08-May) - ICICIBANK - LongBased on my PredictiveSystem's signals, today (08-May) its going to be a GREEN candle for NSE:ICICIBANK
Buy above: 290.8
Target-1: 292.9
Target-2: 294.3
Target-3: 295.6
Stop loss: 288.2
Note: These calls are based on my own analysis. It may or may not work well for you. So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
My PredictiveEngine's Intraday call(07-May) - INDUSINDBK - LongI am back after a long relaxing rejuvenating vacation. :-) :-)
Based on my PredictiveSystem's signals, today (07-May) its going to be a GREEN candle for NSE:INDUSINDBK
Buy above: 1897
Target-1: 1910.3
Target-2: 1918.6
Target-3: 1928.3
Stop loss: 1880.2
Note: These calls are based on my own analysis. It may or may not work well for you. So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)