IDUSB trade ideas
IndusInd Bank- A stock that can fly HIGHIndusind bank is making great chart patterns. One of them is already posted as symmetrical triangle where stock now has no area left to move so sooner or later it will breakout either way.
Let me show something in monthly chart:-
Above chart shows how beautifully this stock respects 20 SMA .Earlier when it was trading above 20 SMA it was always coming back to average itself and started new journey. and when it was trading below that it came back and fell again.
Its been a while now that it is trading above 20 SMA and has been consolidating for several months.
Another chart with Long term targets:-
Hope this will help investors and traders in some way.
Keep an eye ladies and gentleman.
Fingers crossed. Happy Trading.
IndusindBank bullish viewIndusindbank - Weekly channel.
Superb setup.
Consolidation in rising channel,
with morning star reversal pattern
Intraday long above 1032 can give 1050/1075.
Positional long above 1032 can give 1100/1140
INDUSINDBK- BuyBanking sector is picking up and this stock is picking up the momentum. Buy with a SL below 950 on DCB.
Negative Divergence on INDUSINDBKNSE:INDUSINDBK
INDUSINDBK remains on an oversold zone on daily time frames and is starting to show some buying pressure.
There is a clear negative divergence on an hourly time frame thus indicating a bullish bias.
Indusind Bank - weekly trenline about to break on a higher sideIndusInd Bank is about to break the trend line on higher side.
Price action a lower TF confirms positive bias of this stock in short to medium term.
INDUSIND Bank- Rounded Bottom in Daily Charts & Morning Star The following Chart shows Rounded bottom for Indusind Bank, also a Morning Start Candlestick pattern is formed on the weekly chart.
Other Indicators also indicate Upside Movement (RSI & MACD)
Recent Breakouts of Nifty Will also help push this stock price.
IndusIND bank consisten QoQ profits Yet to cross CORONA topAscending triangle pattern one can buy after brake out Positional Target 1245, 1600+ stop loss 945
intraday trading idea for buyintraday trading idea for buy
IndusInd bank following uper trend line for day and it try to breaking it
it can be buy from here for short profit
Induslnd stock to buyLong Induslnd above the support area @ 988 first target 1032 second target 1052 with SL 970 . RSI forming W pattern which is the sign of bullishness. This is for your educational purpose only.
Short#IndusIndBk looks weak with RSIStairs below 40. Stock trading near major neckline support once taken out can slowly head towards 813. TradersVenue score 4 Star bearish.
On verge of BIG Break Out or Break Down!Stock is making Higher Lows and Lower Highs on Monthly Time Frame. Candles are squeezing. Stock is ready to give big movement either side. Wait for Monthly Candle to close.
