Bullish IHNS indus setting the stage for high ..
INDUSINDBK, completed the cup, and is testing the neckline.
Whether its an ABC of a flat or a new impulse . One wave has still to go. Since it is a wave iv it will take sometime to develop . May fructify in Sep series .
In longer time frame it is in strong uptrend. In daily, hammer formed near ascending channel support. with a sl below the channel support, one may aim for previous swing high, then channel resistance.
Can go short on Indusind, levels mentioned on chart
I am looking for somebody to code tripple play uiindicators .these are developed by marketgauge.com something like a rs relative strength is computed and moving of the RS creatd in terms of ma13,ma22 and ma132/ can somedody develp same in trading view please? thanks in advance
INDUSINDBK is on its neckline and in the blue decision box. Break, in either direction is possible
RSI divergence observed in the chart. It's purely RSI trade. So if it fits into your trade plan take your trade. Sell near to 1480-1483 Target 1440 Stoploss 1488. And also note that double top observed.
BUY AT 1600 INDUSINDBK
RSI Divergence Have been observed in INDUSINDBANK, and also Fin Resistance at 1.272. Short @ CMP 1574. Target 1539 Stoploss 1588.5 Below 1563 will have free fall,
Price action has formed irregular rounding bottom.Buy above1525 with the stoploss of 1516. Targets are 1540, 1550 and 1575. Swing trade.