INDUSIND BANK 1H STRUCTUREindusind bank made triangle in 1h time frame , looking good for buy at will make a smooth rally up side
0.93%
107.40INR
74.435BINR
445.435BINR
609.541M
About INDUSIND BANK LTD
Sector
Industry
CEO
Sumant Kathpalia
Website
Headquarters
Pune
Employees (FY)
38.179K
Founded
1994
ISIN
INE095A01012
IndusInd Bank Ltd. engages in the provision of banking services. It operates through the following segments: Treasury, Corporate and Wholesale Banking, Retail Banking, Other Banking Operations and Unallocated. The Treasury segment refers to all investment portfolios, profit, loss on sale of investments; profit and loss on foreign exchange transactions, equities, income from derivatives and money market operations. The Corporate and Wholesale Banking segment includes lending to and deposits from corporate customers. The Retail Banking segment includes lending to and deposits from retail customers. The Other Banking Operations segment comprises all other operations not covered under other segment. The Unallocated segment includes capital and reserves, employee stock options outstanding and other unallocable assets, liabilities, income and expenses. The company was founded by Srichand P. Hinduja in January 31, 1994 and is headquartered in Mumbai, India.
INDUSIND BANKHello and welcome to this analysis
Bank appears to be in a lower time frame triangle suggesting the probability of a potential breakout.
Off late has been an underperformer compared to other large private banks in the recent run in the banking sector.
Extreme narrow range 1480-1540, broader range
Positional_ Indusind Bank1. Indusind bank can breakout from current range.
2. This maybe a breakout after around 3 years of consolidation.
3. This is a patient trade. It may require a full week or two to decide entry.
4. SL, Entry and Target will be decided afterwards.
5. My view is if it doesn't breakout (and give entry s
Indusind -23.11.2023Trigger line above 46.12 may reach 53.96, cash price may reach 18-30
Trigger line below 38.54 may reach 30.84, cash price may reach 18-22
IndusInd Bank Long for target of 1500 to 1600IndusInd Bank moving averages are in a mood for positive crossover on monthly charts.
Monthly chart may have an golden crossover in coming few months
Target of 1500 - 1600.
Wait for at least 13-50 crossover to complete before entering the stock.
INDUSINDBK - Go LongFor Educational Purpose..
#INDUSINDBK IS READY TO BUY LONG
Long Above - 1450
SL - 1350
Target - 1475, 1500, 1525, 1550, 1600, 1650..
Thank you
Breakout after 5 months Consolidation Expecting 5-7% upmove .....Enter now and if you hold it for week to 10 days it will rally another 5% ....Very Good stock
Indusind Bank -09.11.2023If trigger line crosses over 57.73, may reach to 66.98, Cash price 25-30-
If trigger line crosses below 47.58, may reach to 37.73, option price 22--40
Indusind bank This is clearly in an uptrend after it broke a major resistance at 1290. The trend is now uptrend
See all ideas
Trade directly on the supercharts through our supported, fully-verified and user-reviewed brokers.
