INDUSIND SHORT NSE:INDUSINDBK
it is consolidating for a good amount of time one can go short on an intraday basis tomorrow with risk to reward of 1:2.
Idea-once the zone marked in black is broken one can go short
bank nifty as well as global sentiments are weak hence we can see a good move on the downside
DISCLAIMER-I AM NOT A REGISTERED BROKER DO AT YOUR OWN RISK
PLS DO LIKE THE ANALYSIS! :)
IDUSB trade ideas
Indusind | MIssion Options | Strangle Expecting Indusind to move up from 900 level. Supported by our Signal Systems, it is looking to go up from critical pivot.
Boundary Limit : We should be profitable if it expires between 850-1040 in May series.
Target : Idea here is to make ~10K-20K to gain from here.
Things to look out for : Decisive break on 1000 might cause steep upside provided Nifty remains bullish
#### Mission options is a challenge I have taken to generate 7-10% per month on capital. Will share all my trades for this challenge here for the next 1-2 months
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BULLISH IF BREAKS AND SUSTAINS 1000 IN DAILY TIMEFRAMEON BULLISH SIDE IF BREAKS AND SUSTAINS ABOVE 1000. SHORTTERM TARGET OF 1000 IF BREAKS AND SUSTAINS ABOVE 970.GOOD FOR LONG TERM INVESTORS AS IT HA BROKEN THE TRENDLINE AND BOUNCED BACK FROM DEMAND ZONE .LONG TERM TARGET OF 1100 IF BREAKS AND SUSTAINS 1000.GOOD BUY ON RETRACE.LET ME KNOW IN THE COMMENT BOX HOW GOOD IS THE ANALYSIS AND DO FOLLOW IF YOU LIKE ONE.
Triangle formation in INDUSINDBANKthere is a triangle formation in IndusInd Bank on a Monthly time Frame if give breakout the may show a huge up-move but need to wait for few months or even a year as it's gonna be a monthly time frame breakout wait for best levels as it is in continuous downfall since 2017 on monthly time frame
Indusind Bank Trade Setup For Monday (3rd May)950 is a strong resistance level.
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On Friday, IndusInd Bank share tried two three to break this level but failed.
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So maybe on Monday, it can break the levels 979 is our first Target.
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On Friday company announced a very good Quarter Results.
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So maybe there is 1% chances that you can see the profit booking .
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But trust me if it's goes down you can accumulate this share for positional purpose.
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You can give your suggestions in comment box.
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Indusind bank Can go 7 % or 20 % ??2 Hour Chart Pattern
Gap filled with Strong Candle with the support of volume
if open today with gap up and sustain above 920 for one or two candle than can go up to next level that would be 1000 and next would be 1100
Nice Volume Build up
Nice pull back candidate
I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. Never invest more then 2 % Capital In Single trade. Trade on your own Risk and analysis