vf_investment

INDUSIND rising wedge

Short
NSE:INDUSINDBK   INDUSIND BANK LTD
On the chart we can see a rising wedge formation. We expect the price breaks down of the wedge. Our strategy is to short when the price breaks out of the wedge with increasing volume.

Regular bearish divergences confirm our bearish bias on the stock.





💥 Free signals and ideas ➡ t.me/vfinvestment
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.