Trade ideas
#Indusindbk cash : Make or break level 960-964#Indusindbk cash
17.06.2021
Good support at 960-964 levels...
(Make or break levels)
Cmp 984.05
BreakDown#IndusIndBk has given first sign of breaking down below 20 DEMA and major neckline of 1003. 979 is 50 DEMA and 965 is nearest neckline support once taken out it can turnout to be a #Positional #Short with protection.
Channel Breakout in Indusind BankIn the daily chart, a channel has formed which has given a breakout for a higher level.
Trade with proper Risk Management.
INDUSINDBK on Breakout- Take long position INDUSINDBK is good to enter above 1037, breakout on daily basis for immediate target of 1064/ and then 1100. Time frame June Expiry.
1.It’s above Ichimoku clouds, above conversion line and base line, chikki span above clouds.
2.Ascending wedge breakout
3. Trend lines breakout and consolidating at this price since 2 weeks.
RISING WEDGE-BEARISHRising wedge pattern on INDUSIND BANK 1 hr timeframe.
this is not advice. I'm in a learning phase and am looking for suggestions. and feedback.
also on the same chart at 5 min timeframe, there is a descending triangle pattern indicating bearish momentum and downside breakout.
Indusind for 15.06.20211.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 BANKINDUSIND BANK
weekly chart
forming cup and handle
still handle has to complete
but target is big
buy cmp @ 1015
sl @ 817
target @ 1497 1st , 1881 2nd.
Golden OpportunityThis share is reaching an important resistance level both on 15 min chart and 1 hr chart.
Good shorting opportunity.
#Indusindbk cash : Looks good above 1024.10#Indusindbk cash -Positional call
06.06.2021
Looks good above 1024.10
Stoploss 1010
stoploss 1037-1040/1060
Cmp 1009.30
ON 3 YEAR RESISTANCE TRENDLINE INDUSIND BANK IS NEARBY 3 YEAR RESISTANCE TRENDLINE BREAKING WICH LEADS TO MASSIVE UPMOVE INITIAL TARGET WILL BE 1100 FOLLOWED BY 1180 WITHIN FEW WEEKS
Possible Breakout in IndusIndBankAfter the close of today's session (31/05/2021), Multiple bank scrips in NIFTY seems to be hovering around a defined resistance zone.
IndusIndBank seems to be one of them.
Notes:
- High Beta Stock (one of my personal favorites to trade on a trending day)
- Consolidation right below a defined resistance zone (1017-1025) . Tested the range twice in the last 7 days.
- Kinda Risky since a clear target is not visible above the zone intraday (at least to me. Feel free to put out your targets. Everyone's here to learn ;) ).
- Ideal case, around 2% upmove from above the zone to hit 1050 levels. (Ambitious yes. But Could be a great day for banks judging by the setups of the other banks in which case a high beta stock such as this could hit our targets).
Please note - Not a SEBI Registered Advisor/Analyst. Only for Educational Purposes. Please Consult your financial advisor before you take any action.
HEY ITS A DOUBLE TOP Look @ the patternhi everyone in this chart pattern u can see
double top and in the weekly cart there is cup and handle .Wait till it will touch resistance then then u wait uptrend or down trend.
INDUSINDBK looking bullishI am using Heikin Ashi candles, normal candles look different compared to it. All the levels are mentioned in the chat. Also see the market sentiment before taking position and enter the stock with your own risk management. It was my trading plan on this stock.
