Trend reversal alert !!!At the level of Rs.813 Strong monthly support spotted (Red line). previously 3 times down trend got reversed at this level. this is the key level , at the 4th time price got rejected in this level ,We can clearly see long bullish wick . Also broke recent trend line and looking for up move. If this price broke Rs.895 (daily S/R level) get ready for entry . Target will be around Rs.971(weekly S/R level).
NOTE : Do you own analyze before entry. This is only for educational Purpose.
IDUSB trade ideas
Indusind Bank -Long Hi Everyone,
Indusind Bank (Daily Time Frame) price breakout the Trend line and fall upto the Support 1.
Now price can pull back towards the Resistance 1.
But if break below support and have confirmation then a strong bear run is possible.
So Buyers place SL below Support line. And Seller(F&O) need to wait for breakout and confirmation.
Note: kindly do your own analysis before making any trade decision.
Regards,
Ivy Venture,
Research Team.
Indusind bank Swing Trade Setup For TomorrowSo as you can see in the chart, stock is moving upward from last two day.
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Tomorrow if stock give the closing above 958, we can plan this trade for the target of 1000.
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Its a swing trade setup not for intraday, what you think on this?
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Comment below in the box.
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Breakout in Indusind Bank...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.