UnknownUnicorn1114187

INDUSIND Neutral Nov Expiry Options

NSE:INDUSINDBK   INDUSIND BANK LTD
Long term support at 1290, bounced from there

Still in the descending channel

Right now at the top of the descending channel

Can breach right through it or get rejected

If it breaches, it will retest this trend line and move upwards

If it rejects then move downward

Comment:
High probability of moving upwards as RSI shows a bullish divergence
Comment:
Taking support at 1350 - 1360... should move up again from here
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