IDUSB trade ideas
Indusind bank looking weak here.....As per chart, indusind bank looks weak here....can we see 710 and 540 levels????
Breakdown confirmed....
Shouldn't close below 800 on Weekly Basis!Shouldn't close below 800 on Weekly Basis otherwise it'd activate the short targets of 600-550 in coming weeks.
IndusInd bank on weekly TF Current scenario and best possible analysis for mid to long term.
All the levels are marked.
For learning purposes only.
LONG ON INDUSIN BANKNSE:INDUSINDBK
It is swing trade if it gives pullback.
There are 2 target the first one is of 840 and other is of 940 .
There is very less chance that is will break downside .
Company quarterly result is also near 13 July which can major factor in this trade .
Also on a daily time frame a dojji is formed which can be seen a sing of reversal .
This is education purpose .
INDUSIND BANK -- INTRADAY SETUP -- 20/06/2022INDUSIND BANK -- INTRADAY 15 MIN CHART SETUP
1. Rounded bottom chart seen whare next pattern seen from downtrend to uptrend
2. Double bottom formation seen at rounded bottom support level which is bullish indicators as per this chart pattern
3. selling minimize as seen histogram
4. last candle is doji candle, for buy level confirm we well place buy above body of doji candle 810 and stop loss will placed bellow double bottom support level
5 . intraday support at 800, intraday resistance at 820 -825
6 currentl daily RSI at extream Oversold level pull back is possible from current level
7. HULL moving avg given positive indication at current level .
BUY INDUSIND BANK above 810
TARGET 815-820-825
STOP LOSS 795
** THIS IDEA IS FOR EDUCATIONAL PURPOSE -- trade at own risk !
HAPPY TRADING !!
IndusInd Bank LongIndusInd Bank is trying to move to its pre Covid-level Price. The Mishap that happened last year shocked the investors due to which a there was a 34% decline in stock from it good bull run.
The stock is gaining momentum and is pushing itself to its Intrinsic Value . We can expect the stock to move to a good 1300 - 1400 Level given that the it dosen't get affected much due to the outside news , war etc.
There is a Gap between 1186 and 1130 which can help us set our targets. Even though the Gap is a breakaway gap , IndusInd still has a hold in the blue chip area and in the index as well.
According to me,
First Target - 1050 - 1080
Second Target - 1130
Third target - 1280
Fourth Target - 1380
Stop Loss - 800
Invest Wisely. Abide the stoploss as well.
Happy Investing
INDUSINDBK INDUSINDBK made a bearish poll and flag and after breakdown the stock approching for its target 780
after the target chances are profit booking or a bounce to 850
and 888 is yours final rejection point if stock sustained above that we are go for buy
Head and shoulders at INDUSINDBKBe Cautious #headandshoulders #pattern (trend reversal) at #INDUSINDBK (IndusInd Bank Ltd) weekly chart.
The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end.
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (DONT TRUST ANYONE)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #kukiinvest #Chartanalysis #headandshoulders #breakdown #parallelchannel
INDUSIND BANK - 15th June 2022Trend is Sideways.
Stock at Medium Term Support Level of 860-800.
If levels hold, bulls can try to push prices higher.
Value Buying can also happen in this zone
INDUSINDBANKThis stock is forming head and shoulder pattern on weekly time frame, that can be a big bearish ahead. Right now we are at mid. Bollinger on daily chart, at 20DMA once its break and close below 20DMA then that would be a trigger point, Overall wave structure is also suggesting corrective structure ahead, after completion of impulse waves, we are in corrective phase as a zig-zag pattern as a A-B-C, possibly wave A and B are completed and right now we are in wave C of zig-zag, which can subdivide into 5 waves, if wave A and C are going to be equal then we can see 670 to 675, and on upper side nearest swing high and RK's stop line of weekly and daily would be a hurdles to watch out for, which are pegged at 1029, 950 and 925.
Overall wave structure on weekly chart
Reverse Divergence
Corrective wave structure
RK's Momentum sell signal activated
Mass psychological cloud and rk's stop line both in sell mode
Price at 20DMA, ready to break
Head and shoulder chart pattern in weekly, yet neckline to break
Macd in weekly already in negative mode
Macd in daily is down tick and converging towards south, that too below zero line
Rsi in weekly down tick below 50
Rsi in daily down tick below 50
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Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
IndusInd bank in a triangle on 15m TF.Friend's, 🤗This will be a best intraday stock for intraday players on 13-06-2022.As we can see that IndusInd bank is trading in a triangle.Our view is totally bullish on upside & because of this also gave closing their near trendline with very bullish signal Candle. This should be add in our watchlist for Monday. 🧐We Can buy this when price crosses 927 & substain above min 5-10 min with the accurate target🎯 of 937,947.All know that if this stock Starts to rise that no will have to dare to stop it's rally. Intraday players don't forget that and ready for big move. 🖐🖐🖐
INDUSINDBK- Swing Position#INDUSINDBK
Buy-Above- 925
Sl-855
T-1000 1050 1136 1193
The stock is ready top give a upside move above 825. Sl is last swing low near 855. While conservative sl can be kept at 875 for tight trailing.
Short entry in Indusind bankIndusind bank daily chart made dark cloud cover candlestick pattern, be ready for short entry if low will break.
INDUSIND BANK -- INTRADAY SETUP -- 02/06/2022INDUSIND BANK -- INTRADAY -- 02/06/2022
1. After lower channel bearish trend , stock has some consolidation 865 to 920 sub level , stock has breakout consolidation recently above 925 level
2, consolidation breakout retest again same level at that level doji trend reversal candle followed by bullish green candle form as last hour candle at closing basis
3. trend seems bullish as trendline support as well as channel support seen at same level 925-930
BUY INDUSIND BANK BETWEEN 925-930
TARGET 935-940-945
STOP LOSS 915
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk !!
HAPPY TRADING . !!
INDUSIND BANK: Head and Shoulder THEORY:
This pattern forms after an extensive upside rally. It consists of a left shoulder, a head, and a right shoulder. The left shoulder is formed after a big bull rally in which the volumes are quite large.
At the end of the left shoulder, a minor correction takes place on the downside which happens on the low volumes comparatively the starting of the left shoulder. After this, again an up move can be seen on large volumes forming a head whose top is above the left shoulder following a correction on lower volumes & completing the head.
The completion of the head must be below the top of the left shoulder. If the prices fall down below the low of the left shoulder then too this pattern remains intact. In the end, the right shoulder is formed usually on smaller volumes comparatively the previous two rallies.
Now if you connect the bottoms of the left shoulder, head & the right shoulder there will be a formation of the ‘Neckline‘. This line will act as a decision line. If the prices break this neckline & give closing below the line, this will be the confirmation of the breakdown of the H&S pattern.
However, it has been noticed that after breaking of the neckline the prices again attracted towards this neckline. We say this phenomenon as a retest of the neckline which will add some more confidence while trading this pattern.
After retesting if the prices again come down this will be the final confirmation of the downside movement of the price as shown below.
The bookish target of this pattern is taken as the vertical price range from the top of the head to the neckline & the bookish Stop loss should be the top of the right shoulder. However this stop loss can be big, so it is advised to keep a stop loss of 4-5% of the price range above the neckline.
INDUSINBKONLY FOR EDUCATIONAL PURPOSE.
Only For INTRADAY.
This post is meant for learning purposes only. Invest your capital at your own risk.
This is my analysis in IndusInd bankThis is my analysis in IndusInd bank. You can use it accordingly
Descending Triangle PatternIndusind bank formed a descending triangle pattern as shown in the chart.
Analyse this chart before making a trade.
PS - This is for educational purpose only.
INDUSIND BANK Chart Making Rising wedge PatternINDUSIND BANK Chart Making
Rising wedge Pattern
Chance very high that
it will break this level
this is for educational purpose
