INDUSIND BANK SELL IDEAIndusind Bank formed a double top pattern and has confirmed a bearish reversal by forming a piercing pattern , it can move down towards 1020-1025 levels or even down further..
Only for educational purpose
INDUSINDBK trade ideas
short indusind bank for target of 960the stock found resistance at the red trend line......fall started....fall will extend further and can find support at 960 level
indusind bank sell
LOGIC:
it again came below its trend line .
it means a correction till 20 emaa line is possible .
it has already shown a good upmove and a short correction should be there or profit booking .
RSI is also reversing .
VERDICT :
market may correct and so the stock can also show profit booking after bull run .
TRADE ;
if markets trade red tommorow especially bank nifty then selling below 1060 IS POSSIBLE
target can be 20 ema .
Target achieved :- indusind bank Target achieved
Showing some weakness so booked booked fully
disclaimer :- this is for demonstration and educational purpose only. this is not buying and selling recommendation
INDUSIND BULLISH Indusind bank after so many months somehow managed to break a strong horizontal resistance trendline and gives a strong close above on it so we can say it is a strong breakout on weekly chart I am not using any indicator to confirm the breakout because price speaks very louder on its chart so we can see some bullish moves will come in coming sessions in this fundamental strong counter.
INDUSINDBKNSE:INDUSINDBK
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio should be 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
#INDUSIND : Still no trade entry and chance of breakoutI will be shorting if it respects the trend line and wait for it to break 30 mins support for the entry.
INDUSIND BANKHello and welcome to this analysis
Among all large private banks, this one has been an underperformer since October 2021.
In the weekly time frame, Indusind Bank is completing the counter-trend leg of an Ichimoku Y wave.
Ichimoku Y Wave formations are formed in triangle/diagonal formations.
For further upside, it needs to start closing above 1100 on daily basis. Else below 1050, it could resume the downtrend that it started in October 2021.
For the short term, it has support at 1025/975/900
On the other hand, if it manages to sustain above 1100 it would head towards 1150 (minor resistance) and above that 1250
#INDUSIND Near weekly trend linkChance for a breakout because of fundamental reason.
Because if it respects the weekly trade line, it might have a chance of false breakout; please be cautious before taking any trade.
Indus Ind wave CountLooks Like Indus Ind wave 3 can end here.
So wave 4 can take it down to good support of 970 around.
From thr it can go for wave 5 to 1070 & 1160 levels..
INDUSIND A GEM BY INFINITYIVHello everyone this chart technically measured and filtered by team INFINITYIV…
WHAT ARE THE POSSIBILITIES.
1. Seems over bullish.
2. Day, weekly band blast near on monthly band.
3. Too close to 200 SMA.
4. Trading above pivot.
5. Marginal SL.
6. Go long with SL 1000.
7. Target 1191 with in 4 weeks.
NOTE:-
1. We are not SEBI registered but our chart accuracy can be trusted.
2. If agreed with the chart please discuss with SEBI registered advisor b4 any position.
3. We can only provide you correct direction and accurate levels.
4. Hit like, it’s not highly decorated but accuracy.
5. Chart will prove it self after few week.
THANX HAVE PROFITABLE TRADING EXPERIENCE.
INDUSINDBK Rounding bottom @@NSE:INDUSINDBK
#INDUSINDBK formed beautiful rounding bottom and stock trading @ key resistance level.
Post breakout sustainability can give good bullishmomentum.
Chances for Slight pull back.
Don’t enter without knowing the support.
#Indusindbk cash : Looks good above 870.10#Indusindbk cash -Posiitonal call
11.07.2022
Loooks good above 870.10
stoploss 855
target 884-885/898-900
(Strong resistance 865-870)
Cmp 858.35
Indusind bank After forming a failed head and shoulder pattern on weekly candle chart now gave a fresh breakout on daily chart - inside bar
It may move upside
Stoploss low of inside candle
INDUSINDBK ShortEntry price: 926.2
SL - 965.5
Target 1 - 902.5
Target 2 - 878.5
Note: View shared for educational purpose only. Conduct your due diligence before making any trading/investment decisions.
indusind bank rangebound trend and also near ressistance line.
you should wait for reversal or breakout.
strong bullish candle formation with high volume
4 Amazing stocks and Index ideas to trade on 22 July I daily make educational content videos on financial markets.
INDUSINDBK | Looks potential 30% with promising volumeINDUSINDBK | Looks potential 30% with promising volume
CMP : 948
SL : 880
Target : 1170, 1240
1:4+ risk reward setup
Indusind bank bullishIndusind bank is now in uptrend and making higher high and higher lows.
In daily chart price is above 50 EMA and broken trendline resistance with good intesnsity of volume.
On 13th July there were red candle with very high volume. Today red candle'S high gone.
Price is challenging bollinger band on upside.
weekly macd uptick
Daily macd uptick and positive crossover stat.
Weekly RSI is above 40.
Daily RSI is in momentum
Daily stochastic have given positive crossover.
Indusind Bank What to do next ?NSE: INDUSINDBK
Time Frame :- 1 Day
Patterns Name :- Parallel Channel
Conclusion :-
A Big Red Marubozu candle taking up resistance at the top of a parallel channel which most probably shows up a down trend as this is a weak share too show here are two breakout which show the one scenario that could be done and here we have told about the marubozu candle who dont know
We are not responsible for any profit or loss
Based on Your Own Risk this is only to Show you the Current Pattern
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Made By MAYANKTECHRESEARCHING
buy signal in Indusind bankbuy trade in Indusind bank for 1:2 risk reward... since there was a downfall after which price started to rise again from line....this trade is good in terms of high risk and reward...even if we loose in this trade...we will only loose 2nd part of what we will gain ..if we gain from this trade
