Price action is nearing the important support zone 705 - 712. Price is falling rapidly for few days, but when it comes near to support, it will slow down to decide the trend direction.
10900 - 10925 acts as the support zone. On sustaining support price will move towards 10960, 11110, 11180 and 11260. Breaking the support will make the price to fall towards 10820, 10760, 10650 and 10600.
#INDUSINDBK CASH 06 FEB 2019 LOOKS WEAK BELOW 1507 SL 1521 TGT 1482/1452 (RISK FREE LONG ONLY ABOVE 1550) CMP 1526
Buy above 740. Stop loss is 734. Targets are 746, 752 and 758.
Buy above 239. Stop loss is 237. Targets are 241, 243 and 245.
Price is bullish as long as it holds the support at 26900 - 26950 level for the targets 27220, 27480, 27720 and 28120. Bearish below 26900 for the targets of 26780, 26620, 26420 and 26260
Resistance is seen at 10980 - 11000 level. Breaking it will push the price towards 11040, 11120 and 11180. Unable to break the resistance will make the price to fall towards 10820, 10760 and 10680.
Buy at these level Maintaining a stop loss at 414 FIRST TARGET- 440 SECOND TARGET-457 THIRD TARGET- 469 After that if trend continue it can touch the 500 level
Support is seen at 27000 - 27050 level. On taking support price will move towards 27320, 27560, 27720 and 27960. On breaking the support price will fall towards 26820, 26640, 26460 and 26180.
Buy above 568 with the stop loss of 563. Targets are 573, 578 and 583. Hit like & subscribe to post more ideas.