INDUSIND BANK may test 1250INDUSIND BANK may test 1250
It broken major support on Daily and Hourly chart
INDUSINDBK trade ideas
Indusind Bank crossing weekly resistance zone.IndusInd Bank trading just above support zone. Next resistance zone is around 1600.
INDUSINDBK - Cup n Handle pattern breakout- 27% upside potentialINDUSINDBK has given Cup n Handle pattern from 1240 resistance levels.
It has given good weekly closing above these levels.
Target is coming to 1480 and then 1680 levels.
SL: Daily candle close below 1240.
INDUSIND- 1900 POSSIBLEIndusind Bank has broken out of a triangle pattern on monthly time frame. Looks to go around 1900-2000 levels in coming 8-12 months. Ideal buy zone is between 1165-1250 range for possible upmove.
#Nifty IndusInd Bank. Continues next leg of uptrendIndusInd bank after breaking out of long consolidation is looking to go for next leg of up move with strong bullish engulfing candle
INDUSIND BANK TARGET 1584INDUSAND BANK raising wedge breakout with weekly bullish closing confirmation. If it sustains above 1346 in day chart it will reach 1584
Long entry is possible after retestGiven a huge breakout and wait for perfect retest at 1325 and SL can be 1295
Profit can go up to 1500
INDUSINDBNK SWING TRADE IDEAIndusInd bank just entered good quality daily sz
Entry, Stoploss and target are marked on the chart.
INDUSIND BANKAm I Seeing it correctly ? It is showing good breakout in monthly chart and closing is also there. Keep in watch list
IndusInd Bank: Cup and Handle Breakout ConfirmationThe script has shown a Cup and handle Breakout with good volumes.
Keeping in the mind that all the private sector banks have almost reached to their ATH this script is lagging behind a little bit which gives a good scope of gains.
Best Entry: 1180-1200 Levels
Sl: below TL on Daily Closing basis
Target: as per yellow line levels
DISC: I am not a SEBI registered research analyst, Please consult your financial advisor before making any buy or sell.
INDUSINDBANK STANDING ON RESISTANCEIndusind bank is standing on long term resistance
need to watch if it is going to break it
volume is good,stock to watch
educational idea
INDUSINDBKINDUSUNDBK trading in crucial range it reversed multiple times from this resistance line it can go either side.
Trading at Crucial level. Breakout or breakdown happens 1. Stock trading at very crucial resistance level ( 1275 )
2. From 2020 FEB this stock not crossed that level.
3. Strong candles on weekly , monthly time frame.
4. Clear ichimoku lag span level on weekly , daily time frames.
5. If it breakout , potential to reach 1400 ; 1500 next coming weeks. Safe entry above 1280.
6. If it breakdown can reach supportive trend line again.
This view shared for educational purposes only. Consult your financial advisor before entering trades.
IndusIndBk Chat Pattern After analyzing IndusIndBk's stock, there are indications that a potential breakout may occur in the near future. Several factors suggest that the stock's price could experience a significant movement.
However, it's important to note that stock market investments come with inherent risks, and predicting breakouts or price movements accurately is challenging. It's advisable to consult with a financial advisor or conduct further research to validate the analysis and make informed investment decisions.
Indusindbank looking good for 1-2 % moveIndusindbank is having a good strength and it will give 1-2 % in 2-4 days
INDUSINDBK bullish flag intradayINDUSINDBK formed a bullish flag pattern in intraday. if it breaks 1135 level it can reach 1183.
INDUSIND BANK INDUSIND BANK has broken out of its 5 year old downtrend line showing big buyers coming in the stock , retest of support is also done and the stock has formed a good inside bar candle in monthly time frame . Any breakout above the inside bar candle range will be a confirmation of upcoming rally in the stock , ie levels of 1180 , one can go long above this range if a weekly candle closes above it for targets of 1500 levels in medium to long term
IndusInd Bank Net Profits Zoom 50% Price Action also showing (+)IndusInd bank trading in a bullish channel and now it is trading in mid range of that channel. Price also taken support at EMA 200 D is line. MACD and RSi also giving bullish crossover. So technically this is looking awesome on chart. Now talk about fundamentally, so here today was the result day and result is also attractive and the board of the bank also recommended a payment of dividend at the rate of 14 Per share subject to approval of the shareholders at the ensuring Annual General Meeting.
So if anyone wants to go long in it, can go with given level on chart. Please follow strict stop loss.
For option lover:-
Sale IndusInd 1100 pe at 31
keep stop loss 62
& hedge with
Buy IndusInd 1000 pe at 6.9
For naked option buying:-
Buy IndusInd 1080 Ce at 53.8
keep stop loss at 13
Target 77/89/101
Please follow a strict stop loss
If anyone likes my work please support me by like, follow and comment your thought on this trading idea.
thankyou:))
INDUSINDBK breakout double top (M)INDUSINDBK looks like breaking the double top (M) pattern.
Sell below 1055 SL 1067 targets 1037, 1021,1003
IndusInd Short Idea and Discussion
The trade is correct but I will not do it. Sharing it for future reference
The r:R here is bad which is 1:1.23.
I do not do anything that is less than 1:3 at minimum. Or the stop loss in terms of points has to be very less!
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 at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy 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. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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INDUSINDBK Ready for breakoutIndusind bank is about to break trend line in daily/weekly chart. Can expect 20% up movement in upcoming days.
This is for education purpose only not recommended to buy/sell.
