Facing difficulty to cross resistance.#IndusindBank update
Facing difficulty to cross resistance.
Keep watch on important levels.
IDUSB trade ideas
INDUSINDBKNSE:INDUSINDBK
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
Indusind bank analysisThe market is in Consolidation mode... Took a reaction from 52 Week's High.
Very important Trendline, If it breaks with a Big candle then we will witness a huge fall.
OI & Volume are to have to be considered.
Breakout in Indusind bank Indusind banks results are way better than you think
Looking good above 1240 with a target of 1588
You can put stop loss of 1090
Results and chart both looking good
Indusind bank on crucial supportIndusind bank has been losing steam after a big rally it is currently in a very critical spot with respect to its recent price action.
1. The price is trending at the recent support.
2. Price has formed a triple top before settling on the support zone in the last trading session implying the strength of bears in the market.
3. There is approx a 10% momentum possibility in both ways if the price takes to support or breakdown from the zone.
Indus IND Bank 1DDouble Top in 1D time frame, currently in small consolidation. Once after consolidation break u may enter in options (PE), Thanks!
Indusind BankIndusind Bank
Big Cup & Handle Formation: Weekly Basis
Pole & Flag Formation: Weekly Basis
Price / Vol. BreakOut Needed
One Done, Good to Go!!!
Big Upside Possible
Do you Own Research as well.
Happy Investing:)
Some consolidation near breakout area.Price action squeezing in Indusind. Should wait for a breakout. It might give a good move above the trendline.
Indusind Bank, ( Weak market structure)Hey guys, weak of structure can be identified in indusind bank, levels as mentioned.
Retested with Bullish engulfing !!!The stock gave breakout from long time trend line. Now retested its breakout level nd creates bullish engulfing .
Looking good upside.
This is only for educational purpose.
Indusind,1137 will be grt place to buyIndusind weekly chart looks promising as of now, pullback towards 1137 will provide good risk reward setup. After spending 45 weeks below this price, Indusind broke out on 5th Sept 2022. So in my humble opinion price should not go below 1137 or 1062 which is 200 weekly support. Any retracement towards this zone will give swing traders great opportunity to earn quick 5-6%.
Plan a) place alert for 1137 and enter with only 33% of plan qty and add more once price open above 1235
b) buy 33% qty near 1137 and add more near 1065 Sl in both cases will be closing below 1035.
As Bhasin sahab always says " lene ki chesta to kijiye"
Always respect risk, happy earning :)
INDUSIND BANK BULLISHIndusind Bank is breaking 20ema
looking bullish for ST target 1270
SL should be 1140
nifty bank fundamental is improving
do ur proper research
IndusInd Bank- Ready for breakdown?Bearish RSI divergence on daily charts near resistance
Trendline on RSI broken on downside
for SHORT entry wait FOR
Price to break trendline
MACD to turned Red
Tomorrow Intraday analysis ( 23.09.22 ) in Indusind bankTomorrow analysis ( 23.09.22 ) of Indusind bank
Hope you like my analysis NSE:INDUSINDBK
breakout found in @indusind_banka monthly breakout found in indusindbank . buy above 1245 to 1250 and 1st and 2nd target is given on chart.
Indusind Bank Limited - Breakout Soon 📊 Script: INDUSINDBK (INDUSIND BANK LIMITED)
📊 Nifty50 Stock: YES
📊 Sectoral Index: NIFTY BANK / NIFTY500 / NIFTY
📊 Sector: Financial Services
📊 Industry: Banks / Private Sector Bank
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 Crossover in MACD .
📈 Already Crossover in Double Moving Averages.
📈 Volume is increasing along with price.
📈 Script is moving towards resistance level which is around 1240 if script is breaking its resistance level it may go up.
📈 Current RSI is around 73.
📈 One can go for Swing Trade only above 1240.
BUY ONLY ABOVE 1240
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!🥂
INDUSINDBK (M)INDUSINDBK (M) is in an uptrend (ascending channel).
An ascending channel is the price action contained between upward sloping parallel lines. Higher highs and higher lows characterise this price pattern. Technical analysts construct an ascending channel by drawing a lower trend line that connects the swing lows and an upper channel line that joins the swing highs.
1) An ascending channel is used in technical analysis to show an uptrend in a security’s price.
2) It is made up of two positive sloping trend lines drawn above and below a price series depicting resistance and support levels.
3) Channels are used commonly in technical analysis to confirm trends and identify breakouts and reversals.
After a COVID FALL, INDUSINDBK is facing a resistance trend line which INDUSINDBK broke on the start of August. If INDUSINDBK breaks and sustains above 1250, then 1500, 2000, and 3000 will easily come in future uptrend months.
IndusInd Bank: Weekly chart looks lucrative Note: Weekly Chart:
- Rounding Bottom formation completed with 11 months time horizon (blue arch)
- Convincingly above long term (3 yrs) downtrend line. (blue solid line)
- Cum. Vol delta is positive and in uptrend for last few weeks (below plot)
- In a fresh motive Wave-1 in Elliot Wave since July (purple).
With a SL of 1150, one can long.
For safe trader can create a Bull Call (debit) spread with 1200 CE Buy and 1400 CE Sell (preferably Oct'22 expiry) as it's weekly chart.
indusind -sell on risesell > 1240
easy tg - 1215
tg2 - 1203
Disclaimer : This is my personal analysis for study purpose not intended for trading
Perfect Setup on long term chartOne can considered it as long term bet
Big Breakout on Weekly TF
Outperforming in Weak market
indusind Bank, Is this scrip ready for a bull run ????Indusind Bank completed Cup pattern
What's Next??
Situation -1 - We may see a breakout, Retest and a huge up-move towards 1740
Situation -2 , Price may retrace and fall towards 1000. At least 50%+ retracement from previous swing will be considered healthy.
Note - Trading is risky and please enter to trade after consulting to your financial advisor. Above presentation is for educational purpose, Not a trade advise.
