IDUSB trade ideas
INDUSINDBK 1060+ LONG TRADE WATCH 12% MAYBENSE:INDUSINDBK
Trade Logic | WATCH LONG SIDE BREAKOUT STOCK. ABOVE 20 DMA
Entry 952
Stop 905
Target 1066
RR 2.0+ 2nd Target Open
Details on chart as always
1 FREE trade idea Daily/Weekly.
Trade Size 5%- 10% Max
Max Trades 10-20/ Month
Time Frame 1 WEEK - 1 MONTH. Max
Diversify Bet Small Lose less. | Our Motto.
#TRADEWORLD | #MARKET_MAGIC
----**All the Stocks shared here are only for Analysis Educational Purposes.
Few Stocks Shared here can be in My Personal Trade Portfolio also with Better Trade Levels***----
TEST FIRST / THEN TRADE
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalINDUSIND BANK
On daily chart strong support at 830 levels
Buy above 950 levels for positional target of 980
keep SL at 930
In case of Gapup or gap down avoid this setup
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalINDUSIND BANK
After correcting from a recent high, the stock corrected for nearly four months
Now after 2months of consolidation, now showing an uptrend
Stock price at resistance levels which tested 3 times & trading in a range from one month
Also, RSI divergence on the chart and also Inverted H&S or Flag pattern or Double bottom can be seen on Chart
Can enter above 980 levels for a minimum target of 1000- 1100 with SL of 925
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Note:
Levels are for learning purposes only
Do your own analysis before taking trade
IndusInd Bank - Long OpportunityLong Opportunity -
Indusind Bank is now in the sideways zone, MA is also confirming this zone. This stock has also filled the gap of 21 Feb. The CPR is narrow and at the upper side which indicates that there will be bullish movement expected. But we have to wait till the CCI turns to the plus level and MA headed to the upper side.
This stock will retest to the 940.50 level as there was a gap up opening we have seen, and as per the rule where there is a gap up or gap down market retest at that level and fill that gap. So, wait for the confirmation and then enter into the trade.
IndusInd Bank - Short OpportunityShort Opportunity -
Indusind Bank is forming a double top pattern, but this pattern is not yet completed. If this stock crossed the support of Rs. 929.70 then we have to wait till it retests. We can enter at the same support level. The CPR is narrow, which indicates big movement and the CCI is at the downside which indicates bearish movement.
IndusInd Bank - Short OpportunityShort Opportunity -
Indusind bank has formed an 'M' pattern (double top), which indicates that there will be a fall expected in this stock. This stock has already been retested at a neckline price of Rs. 960.45. The CPR is also a downside and RSI is giving confirmation of this stock. If this stock opens below the neckline and closes below this line, it will be a strong bearish call.
Induslnd Bank Ready To Break Out After Long ConsolidationTechnically on the daily charts we see major support on the downside @ 829 levels, whereas minor resistance on the upside is capped around 976 level.
If breaches minor resistance on the upside and closes above it, we may see fresh breakout and Stock can Lead towards higher levels around 1047/1128 and 1184 levels in Short Term.
Next major resistance @ trend line @ 960/975 level to watch.
Stock made Double bottom on daily closing above 960/970 mark momentum can be fast on upside.
Above views For Educational Purpose Only.
Regards,
MD.
INDUSIND BANK : Double bottomIndusind bank shows double bottom and broke neck line too. It take a retest and continue the up move. Also it's just above 100ema.
Now stock is suitable for swing long postion.
But a resistance will face at 1000. So members with low Sl, took positions after 1000 will be suitable