if it breaks the go for long if it breaks the go for long , it is having high potential to go upside
INDUSINDBK trade ideas
Watchout for trendline breakoutThe stock looks good positionally above 935 level (closing basis) for short term target of 980
Learn & Earn,
Dr. Tanya Kumar
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SYMMETRICAL TRIANGLE The symmetrical triangle pattern is a continuation chart pattern like Ascending and Descending Triangle patterns. This pattern is characterized by two converging trend lines that connect a series of troughs and peaks. The trend lines should be converging to make an equal slope.
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalINDUSIND BANK
After correcting from a recent high, the stock corrected for nearly four months
Now after 2months of consolidation, now showing an uptrend
Stock price at resistance levels which tested 3 times & trading in a range from one month
Also, RSI divergence on the chart and also Inverted H&S or Flag pattern or Double bottom can be seen on Chart
Can enter above 980 levels for a minimum target of 1000- 1100 with SL of 925
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Note:
Levels are for learning purposes only
Do your own analysis before taking trade
IndusInd Bank - Long OpportunityLong 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 940.50 level as there was a gap up opening we have seen, and as per the rule where there is a gap up or gap down market retest at that level and fill that gap. So, wait for the confirmation and then enter into the trade.
Trend reversal on cards?A close above 980 will be bullish for the stock for target 1100. Sl below 925
#Flag pattern
#IHNS PATTERN
#Channel bottom
#RSI Divergence
IndusInd Bank - Short OpportunityShort 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.
IndusInd Bank - Short OpportunityShort Opportunity -
Indusind bank has formed an 'M' pattern (double top), which indicates that there will be a fall expected in this stock. This stock has already been retested at a neckline price of Rs. 960.45. The CPR is also a downside and RSI is giving confirmation of this stock. If this stock opens below the neckline and closes below this line, it will be a strong bearish call.
Induslnd Bank Ready To Break Out After Long ConsolidationTechnically on the daily charts we see major support on the downside @ 829 levels, whereas minor resistance on the upside is capped around 976 level.
If breaches minor resistance on the upside and closes above it, we may see fresh breakout and Stock can Lead towards higher levels around 1047/1128 and 1184 levels in Short Term.
Next major resistance @ trend line @ 960/975 level to watch.
Stock made Double bottom on daily closing above 960/970 mark momentum can be fast on upside.
Above views For Educational Purpose Only.
Regards,
MD.
INDUSIND BANK : Double bottomIndusind bank shows double bottom and broke neck line too. It take a retest and continue the up move. Also it's just above 100ema.
Now stock is suitable for swing long postion.
But a resistance will face at 1000. So members with low Sl, took positions after 1000 will be suitable
Buy oppurtunities for indus ind bankgood double top broken why dont we make use of it.
use your technicals before taking trade.
Positive break out at Indusind bankIndusind bank perfectly respecting decending channel. also at positive break out level.
Watch above 982
Chart and levels only for education purpose
Good support on trendlinestrong support on the trendline can go long as long as trendline is not broken
RESISTANCE BREAKOUT GOOD to buy above 990
for target of 1064
only for educational purpose
not suggestion
INDUSIND BANKLooking good for swing. 10-15% upside expected.
BREAKOUT + RETRACEMENT + RSI + MACD + 100 EMA CROSSED = all giving positive indication.
good bull pattern is IndusInd bankthese kind of chart patterns are the best to take an positional trade we can go long on this and can be a good bull run in upcoming sessions, take trade at your own risk and manage your own risk, this is just for educational purpose, we can buy at the days end what ever the price is but should be above the trend line or else we will not take any entry,
i will be shorting far out of the money puts and at the money puts for Mondays sessions, plan the trade according your risk apatite.
Indusind BankAll detail for chat. good entry at 890 above and sustain in day candle. and must stoploss is 800 minimum risk and good profit. risk ratio 1:1 in first target. This is not call my idea only. Please understand your risk and take full responsibility of your actions
INDUSIND Cmp 972 dated 10.2.2022INDUSIND Cmp 972 dated 10.2.2022
1. Rectangle consolidation BO 980
Buy for a tgt of 1050-1125 SL 930
It is just a view, pls trade at your own risk.
Inverted Head and Shoulder pattern!!!The stock creates Inverted Head and Shoulder pattern.
Looking for good upmove.
This is only for educational purpose. Do your own analyze before trade !!!
[ INTRADAY ] INDUSINDBK LONG BET
risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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INDUSINDBK Long (10 Feb)INDUSINDBK Long (10 Feb)
RSI- 59
Inverse head & shoulders Pattern
Buy at CMP- 970
SL- 1070
Target- 1290, 1400
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
