Indusindbk 1 Hour Chat Roundingbottom about to breakoutIndusindbk 1 Hour Chat Roundingbottom about to breakout
INDUSINDBK trade ideas
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
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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.
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🔰 {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.
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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.
Channel Breakout in Indusind BankIn the daily chart, a channel has formed which has given a breakout for a higher level.
Trade with proper Risk Management.
INDUSINDBK on Breakout- Take long position INDUSINDBK is good to enter above 1037, breakout on daily basis for immediate target of 1064/ and then 1100. Time frame June Expiry.
1.It’s above Ichimoku clouds, above conversion line and base line, chikki span above clouds.
2.Ascending wedge breakout
3. Trend lines breakout and consolidating at this price since 2 weeks.
RISING WEDGE-BEARISHRising wedge pattern on INDUSIND BANK 1 hr timeframe.
this is not advice. I'm in a learning phase and am looking for suggestions. and feedback.
also on the same chart at 5 min timeframe, there is a descending triangle pattern indicating bearish momentum and downside breakout.
Indusind for 15.06.20211.buy above 1031, Targets - T1, T2, SL-1023
2.weak below-1018, Targets-T1, T2, SL-1025
3. void if opens big gap up or gap down
INDUSIND BANKINDUSIND BANK
weekly chart
forming cup and handle
still handle has to complete
but target is big
buy cmp @ 1015
sl @ 817
target @ 1497 1st , 1881 2nd.
Golden OpportunityThis share is reaching an important resistance level both on 15 min chart and 1 hr chart.
Good shorting opportunity.
#Indusindbk cash : Looks good above 1024.10#Indusindbk cash -Positional call
06.06.2021
Looks good above 1024.10
Stoploss 1010
stoploss 1037-1040/1060
Cmp 1009.30
ON 3 YEAR RESISTANCE TRENDLINE INDUSIND BANK IS NEARBY 3 YEAR RESISTANCE TRENDLINE BREAKING WICH LEADS TO MASSIVE UPMOVE INITIAL TARGET WILL BE 1100 FOLLOWED BY 1180 WITHIN FEW WEEKS
