vineeshfx

Indusind traders stay cautious. Looks like a trap

Short
NSE:INDUSINDBK   INDUSIND BANK LTD
Indusind bank can fall and according to me the rally yesterday was fake to trap retail investors.
My analysis showing it will fall below 500.
With first target of 550 and second target 500 area which will act as a double bottom for the stock, if sustained can jump and if not more fall can be seen.
Good luck to all traders.
Comment: Look 4HRS chart, how beautifully today's candles showing false breakout, get ready for my targets till expiry good luck. Today's candle clearly shows it was a trap rally in Indusind Bank. All targets intact TP 1 - 550 and TP 2 - 500

Comments

you didn't mentioned the time frame, it takes a week or three days in and out by the volumes that parties tomorrow. meanwhile it ups 50 .
Reply
Kidsofshiva maheshraj1
@maheshraj1, right
Reply
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