INDUSINDBK Ready for breakoutIndusind bank is about to break trend line in daily/weekly chart. Can expect 20% up movement in upcoming days.
This is for education purpose only not recommended to buy/sell.
INDUSINDBK trade ideas
How to trade possible short term setup on IndusInd bank ltd?How To trade ABC pattern formation on 30 Mins chart of IndusInd bank ltd
1. Price has formed ABC pattern on 30 mins chart (clearly marked as points ABC on chart).
2. A-B retracement is approx. 0.50% which is acceptable criteria for A-B retracement.
3. Marked fibonacci levels (0, 0.236 and 0.382) by using fibonacci tools on range B To C.
4. On this ABC setup, Price crossed 0.382 first time on 23rd march 2023 (marked the date on chart as well) and retraced back to 0.236 and 0.382 levels of fibonnaci and hovering around the same levels.
5. IMPORTANT: Wait for price to cross again 0.382 fibonacci levels , which is price as 1027 (also in chart marked as entry level) keeping stop loss of 1010 (which is below 0.236 fibonacci levels) for the target of 1073.65-1086.55 (which is Point B candle low and high price)
6. RSI divergence occurred as well and same has been marked on charts, which is good indication
7. On fundamental grounds: IndusInd Bank Ltd.’s Revenue was higher than average estimate 3 times in past 3 years.
Note for everyone who came across this study:
This is only for educational purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade.
WILL #INDUSINDBANK MAKE OR BREAK CRUCIAL MOVING AVERAGE ZONES??Trade Wisely. We Can Just Predict.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view please ask your SEBI Registered Advisor . Profit is your and loss is your.
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#Indusind Bank QML PatternQML Pattern:
Script: Indusind Bank
Entry Range: 872 to 854
T1:1026
T2:1222
SL:758
intraday
both side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
INDUSINDBK Swing tradeExcellent bullish engulfing on Weekly time frame. Great Risk to Reward. Similar pattern seen in almost all Banking stocks including BANKNIFTY.
INDUSIND BANK DOUBLE BOTTOM BREAKOUTIndusind bank giving double bottom breakout
with good volume
trading above 20ema
target can be 1270
only for education
Trendline Breakout in Indusind Bank Limited...Chart is self explanatory.
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.
INDUSIND BANK BULLISHINDUSIND BANK trading above 200ema
breaking 20 ema entering in uptrend
1150 is resistance
educational idea
Indusindbk is at breakout for intraday long Above 1090 target 1100/1110
stoploss 1080
It has formed multiple bottoms in shorter time frame also banknifty is bullish so trade can be favourable
Induslnd Bank if we close above 1285Induslnd Bank is near a good resistance multiple times tested after breakout of resistance if we close above 1285 on higher time frame .we can see it all time high. This chart is on Weekly time frame
INDUSIND BANK RISING WEGE PATTERNINDUSIND BANK
Time Frame = 15 Min
Pattern = Rising Wedge Pattern
Pattern Type = Bearish Pattern
INDUSIND BANK 2HrIndusind Ind Bank Looking good for upside..
When it break level 1167 and sustain.. it will go upside...
BUY INDUSIND @ 1167
Target
1st 1200
2nd 1215
Enjoy trading traders.. Keep add this STOCK in your watch list..
it really help you..
Short Indus IND Bank Short Indus IND Bank. Target 2-3% within 1 week. Moving between trend lines as shown
Indusind Bank has broken a strong support level IndusInd Bank has broken a strong support level after multiple times testing the support and resistance. It was range bound testing the resistance level multiple times as well. If it gives a confirmation by breaking below 1055 then it go down till 1034 or 1025 if market mood remains bearish.
Indus Ind Bank on support levelsIndus Bank is at a good level. We can start accumulating the stock from here. The stock is at a discounted price.
The fundamentals are good for the bank.
The market has shown good strength today. Tomorrow can be a little jittery but stay strong.
IndusIndBankAfter big fall, price is consolidating. Buy above 1125 with the stop loss of 1110 for the targets 1140, 1160 and 1180. Sell below 1098 with the stop loss of 1112 for the targets 1084, 1072, 1060 and 1048. Note : Price will be volatile during budget week.
buy trade after horizontal breakoutIndusind buy trade, because it has broken triangle pattern and it is also near horizontal consolidation level
Indusind BankIt looks like indusind bank is about to complete the complex correction... The overall structure seems to be a Flat correction of which wave C is in progress and could end around 1090...From there it can resume upside for wave 5...
Triple top in INDUSIND BANK Price is a triple top pattern with a top of 1240-1250. With reference to option chain 1240 CE of 25 Jan expiry is trading at Rs 30 with highest open interest. It means 1240+30=1270 is an important level. Hence it is at a crucial level.
Head & Shoulder Breakdown in IndusInk Bank - Shorting CandidateNSE:INDUSINDBK is a short candidate on 1 hour timeframe. Couple of pointers to note -
Strong bearish candlestick has been formed on this timeframe.
It can give movement up to the breakdown target of 1140. Intermittent targets are reflecting on the chart
One can short this stock by placing a stop loss above 1218
Looks like a good R:R trade
Let's see how the story develops. Best wishes!
Disclaimer -
- The opinions expressed here are my own. This is for my own records as well as what I see on charts.
- If you are referring to this, please keep in mind that it is only for educational and research purposes.
- Past performance is no guarantee of future results.
- You must accept responsibility for any decision you make. DO NOT TAKE THIS AS AN INVESTMENT RECOMMENDATION.
- It's your hard-earned cash. Trade / Invest wisely, keeping in mind your trading style, goals and objectives, time horizon, and risk tolerance.
- Before investing, conduct your own research and consult with a financial advisor.
TIA!
INDUSIND BANK 1hrIndusind Bank chart on 1hr time frame..
Currently it travels up side.. BUY ON DIP..
When it brake level 1270 on up side it will go up..
Keep add this stock in your watch list..
