Trade ideas
INDUSIND BANK: Parallel Channel Bottom + 100 EMA Support🎯A good bullish candle is formed at the bottom of the parallel channel indicating support. Besides, IndusInd bank has a history of taking support on 100EMA since September 2020 (7 months). Based on the same analysis, I gave an idea on 29 Jan too (past support day) and it worked like charm.
INDUSIND BANK : Falling Wedge Breakout with trendline supportINDUSIND BANK : Falling Wedge Breakout with trendline support. Pattern looks extremely bullish, one cak keeo long until we are above this Trendline
INDUSINDBK TRADE IDEAAdd this stock to your watchlist. The reasons for the trade have been mentioned in the image.
---HAPPY TRADING
Indusind Next Resistance | 1015-1020 ZoneIndusind Bank is following this channel nicely and we recently took multiple traders by following this setup.
1010-1015 is the next resistance zone for this stock and if it is able to sustain above these levels, we may see a 1060-1070 price on the screen.
In another scenario, if it faces rejection then again towards 970 odd levels.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Indusind Bank bullish view Indusind bank buy above 960 target of 975 intraday and long target of 1050 ,1100
SellSell below 949 with stop loss 985.20 for target of 860 and 828.
Disc : it's not an investment advice to buy or sell
INDUSIND BANK Levels for AprilIndusind bank respected the trend line on 25 March,
If it gives a closing below ₹928 short it for further target of 860 which will act as a strong support.
Wait till it breaks the structure as shown above, and short when it breaks the trend line.
Ph 6006840151
bulling indusindBank buy ABOVE 995 sustaining
Targets - 1050-1100-1150
REASON -
1. trendline support
2. 50% fib retracement support
3. previous resistance acting as support
4. nifty seems bullish at 14300
5. moving in trend as shown in chart
NOTE : going to long if and only if market gose up
INDUSBANK IS 2ND BANKNIFTY TI LOVE IT! GRAB THE OPPORTUNITYhttpsNO NEED TO SAY ANYTHING
WE CAN CLEARLY SEE H&S PATTERN
ALSO IF YOU ZOOM OUT 1D CHART YOU CAN SEE BEARISH FLAG
-SHIVAM MISHR
MGB
INDUSIND BANK Trading SetupNear support level which was previous resistance. Can expect a bounce from here.
#Indusindbk cash: Looks good above 1000.10#Indusindbk cash
23.03.2021
Looks good above 1000.10
& dips 994-995
stoploss 988
Tgt 1008-1010/1018-1020
(Risk free above 1020 for 1056-1060)
Cmp 990.90
