INDUSINDBK trade ideas
Indusind BANK: Descending broadening wedge and cup and handleIndusind bank is expected to take breakout from the Descending broadening wedge and cup and handle pattern. The asset has a strong buy opportunity.
IndusInd Bank - Traingle breakoutHi guys, as you can see IndusInd bank has formed triangle pattern ... now if it breaks upper trend-line of the triangle with good volume ... it can give target of 1100+ ( Targets can be varied depends upon ..the blue trend line )
Aggressive entry : - Above 1035
SL: 1020
Super Safe entry : Above 1052-1055
Target is 1100 + ( Depends upon how fast it will move after breakout )
- Once it breakout above blue line as shown in chart ... it can move upto 1200
So please wait for successful breakout, dont jump in any trade.
Things to remember :-
1) Always wait for the confirmation , don't directly jump into any trade.
2) For this stock ... Breakout level is above 1034 --- So aggressive players can take entry above 1034, and Super Safe people can take entry around 1052
3) Conditions for breakout is a big green candle with good volume.
4) After a successful breakout, there is 90% chance it will come back to retest the support, which was once resistance. So if you are a safe player just wait for it to re-test , once it re-test successfully or bounce back from the support, then you can take entry above the recent high.
5) Always keep trailing stop loss. Which you can decide for eg : Tomorrow's SL will be the low of Today's candle ... same way you can trail stop loss.
Note : I am still a learner, Please let me know if i missed something
Disclaimer : This is just for Education purpose only.
INDUSIND BANK good long candidateIndusind bank spot cmp 1040
Cup and handle pattern breakout possible
and elliot wave counts indicate final wave of impulse phase on verge to unfold,,,
Good long candidate...
Indusind is on important levelTesting the 61.8% levels in fibonnaci on weekly chart. and have a resistance at the same level. Need to wait for the breakout.
*Educational purpose only
BUY INDUSIND BANKafter long consolidation it has crosses its resistance level. we may see 1045/1050 in coming days. view negated below 1010
INDUSINDBANK GO LONG ABOVE 1025BREAKOUT GIVEN ON SHORTEN TIME FRAME
GO LONG ABOVE 1025 FOR THE TARGET OF 1031 , 1041 , 1055
How to Do Swing trading in INDUSINDBK ✺----------------Drop a follow here: @Averoy_Apoorv_Analysis ✺ I post Good and potential trading ideas on daily basis on this page of mine :)
✺✺ Target: 1000 Followers ✺✺
Chart Type: Good Resistance trendline providing resistance, making a small tiny broadening consolidation near the resistive trendline too = If it breaks out of all the trendlines and near time high that is 1050 and closed above it on D chart, potential swing trade will be activated :), Trade as per your setup now this is just an Idea, a [potential trade or valuable info to boost your setup :) , if you don't have one then first make one and only then trade this according to you if seems good :)
✺--------------------------- Motivational and psychological area ✺
✣Trade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade, trade with a happy and + mindset only.
✣If you want to make money, firstly be prepared to lose it, only that much which you can afford and that much by which you can make a mistake again, learn from them and grow
✣Don't lose hope and keep grinding
✣I have seen my friends on youtube streaming games with watching 10, constantly they streamed for a year or two and now they are buzzing with 1k to 2k watching daily.
✣Focus on the process, you are here to make money not stupid decisions, and lose it all
✣No one will help you climb the mountain, few will tell the path, so follow good peoples, make good mentors and make good decisions and choices in the stock market.
✣Believe in yourself :)
✺------------------------------------ Some info-------------------------- ✺
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼I don't take all the trades I post
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<< Thank You Have a Nice Trading Day >>>>>>v
Indusind Bank Trade Setup For Positional Trade (28th June)Indusind Bank Trade Setup for Monday.
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So on tomorrow indusind Bank share can give the correction till 1003.
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If it break 1003 support then 995 is a strong support.
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You can do a positional trade for the level of 1050 in this.
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What your view's comment below.
indusindbk ready for breakoutIndusindbk is touching big term trendline.
In recent days never gave clossing below 100 dma
If sustain above trendline could touch 1200
Indusindbk 1 Hour Chat Roundingbottom about to breakoutIndusindbk 1 Hour Chat Roundingbottom about to breakout
Indusind Bank Short Term Trading Set up 1The Price has been facing resisitance from 200 EMA . The structure is already provided for reference along with S&R LEVELS. Expecting 979 or 965 max.
The Indicator Used:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts. Not Activated.
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
3) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
IndusIndBankBuy above 1004 with the stop loss of 994. Targets are 1014, 1024 and 1038. Sell below 987 with the stop loss of 997. Targets are 977, 967 and 954.
INDUSIND BANK - Potential BO coming up💲💲🌟 FOLLOW me @Averoy_Apoorv_Analysis and get these free analysis :) 🌟💲💲
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<>>>>>
INDUSIND ONE HOUR ANALYSISKINDLY CHECK OUT THE CHARTS FOR LEVELS AND ENTER ONLY IF THERE IS A PULLBACK AT ENTRY PRICE
SL CAN BE BELOW 987.
PS: NEWS RELATED TO THE STOCK CAN MAKE IT WEAK
DISCLAIMER: FOR EDUCATIONAL PURPOSES ONLY
#Indusindbk cash : Make or break level 960-964#Indusindbk cash
17.06.2021
Good support at 960-964 levels...
(Make or break levels)
Cmp 984.05
BreakDown#IndusIndBk has given first sign of breaking down below 20 DEMA and major neckline of 1003. 979 is 50 DEMA and 965 is nearest neckline support once taken out it can turnout to be a #Positional #Short with protection.
