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CHANNEL MOVE FOR CONSOLIDATION
It is same like Indusind but low beta. https://in.tradingview.com/chart/INDUSINDBK/TJGt9byB-Indusind-Retracement-Catching-the-falling-Knife/
Everything is described in the chart, have a look and keep learning.
1. Flag Breakout seen on hourly charts
2. Retest done and closed above it
3. RSI +
#INDIANB CUP & HANDLE PATTERN AND BULL FLAG
BREAKOUT ABOVE 258
CAN TEST 278/310
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
Long if it breaks the high of the previous day with a stop loss at the previous day's low.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed ...
Breakout on cards
buy only if it comes to 277-274
at h&s neckline
breakdown below 285
Indian Bank CMP is 322. If holds 305 level on Closing basis, it can go upto 365-400 levels. Time frame is needed is 2-3 weeks
Go long for 325, 331, 337 Stop of below 316 on Weekly charts
1. No trading position
2. For education purpose only
Check the chart
Buy with a closing basis stop loss at 300.
Indian Bank Classic CnH on Daily! Strong RSI, Results Tomorrow! NSE:INDIANB
INDIANBANK has been respecting the neckline for a year now. Currently testing it again. Awaiting a breakout/reversal. A possible Gartley in the making.
Also a cup and handle
Forming a cup and handle at daily chart
Mnetioned on chart
Price crossed above upper BB
Sell Indian Bank at 367.60