INDUSINDBK trade ideas
PROPER BULLISH POLE AND FLAG PATTERN IN INDUSINDBKINDUSINDBK is showing a proper pole and flag pattern, if tomorrow it crosses 1060 mark it might hit 1080 which will be our first target and further may go up to 1090.
we can set a stoploss at the low of previous day low.
INDUSIND BANK Flag Opportunity (Swing Trade)CMP: 1027.40
Targets: 1209, 1334
SL: 918
Go Long with at CMP for the given Target.
Note: This analysis is for Educational Purposes only. Consult your Financial Advisor before any investment decision.
indus ind bank ready for breakout indus ind bank ready for breakout
Breakdown may see down side to support levels 903 which looks less probable
A breakout at 1027 ( to be safe ) looks good for targets of 1037 and 1053 as per trend line
NSE:INDUSINDBK
Note : Charts only for learning .
Please trade with caution since it can go both ways .
USE MACD and SQZMOM indicators to take entry
INDUSIND BANK - Trendline ObservationsTrendline Observation(s). A simple trendline breakdown on 15M Chart of INDUSIND BANK. SELL 1015-1016 -> 1000, 993. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
This is how the Setup Works!The intraday setup was provided on 9/2/2021
The stock behaved exactly according to the pre- mentioned levels on the chart.
-Opened exactly at the Resistance @ 1035, and started falling from there.
-Then took a support @ 1020; and later break it as well.
-Finally the stock created a double bottom pattern @ the strongest support of 1000 and retested its prior support of 1020.
This setup can also be used for tomorrow according to the Market Structure (The setup is attached to this post)
Chart #10 Intraday ideaDouble top. Formation Spotted and looking good support at 1016 level
If break this level. We can see1000 levels
Taken 3 times support around sell level gives more confidence
Please trade according to your risk Management
This idea is for EDUCATIONAL purpose Thanks
INDUSIND BANK trading levels for the daybanks in a consolidation stage.
so breakout/down possible.
banknifty making doji es
so must watch
Trading Setup for IndusInd BankIndusInd Bank can be traded according to the setup.
The stock has a very strong support @ 1000 as:
- It is a round level
- It is a major supply zone for the stock
- It is supported by 50EMA and 200EMA in 1hr and 15mins timeframe resp.
But if it breaks its recent support of 1020, one can go short in it (in half quantity) for a target just above 1000, as it is forming a Descending Triangle pattern.
And, incase BankNifty is Bullish tomorrow and the stock break its Descending Resistance, one can go long on it for a Tgt1- 1050 and Tgt2- 1075
INDUSINDBK Triangle PatternForming triangle pattern with lower volume, seems like pre-bullish signal. Also NIFTY PSU bank are in very bullish mood.
Disc: Not a buy/sell recommendation, do your own analysis then buy or sell.
Indusindbk above 1045-1050 (Uptrend)Indusindbk if sustain above1045-1050 then it will give good move in upside
Looking weak with negative divergenceOne can look for shorting opportunity if it breaks the support shown. Target : 200 ma
INDUSIND BANK for the daywatch it guys...........
simple but very very powerfull
book decent profits then exit.
INDUSIND BANK support and resistance levels on 08/02/2021INDUSIND BANK support and resistance levels on 08/02/2021
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Intraday Strategy for IndusindBKIndusindbk looks good above 1032
Buy at 1033 TGT 1080 SL 1017
Sell at 1016 TGT 971 SL 1033
