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moneyatwork

IndusInd Bank - Wave 5 to take it to higher levels...

Long
INDUSIND BANK LTD (NSE:INDUSINDBK)  
moneyatwork Updated   
NSE:INDUSINDBK   INDUSIND BANK LTD
Elliott Wave INDUSINDBK indusind
4
1
elliottwaves indusindbk indusind
If my counting is right then, IndusInd Bank is currently has completed Wave 4 and now shall start Wave 5. Looks attractive at CMP 608/- with SL of 592/- for the targets around 680/-
Trade closed manually:
Comment: It made a high of 648/- i.e. more than 1:2 RR it achieved. One can move the SLs to swing lows or classic resistance and support lines and would easily get out at good profits even it retraces like this.
Comment:
After getting out from this trade I see it achieving its target.
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