Indusind has strong momentum on down side; expect sub 1000 levels in December itself
INDUSInd Bank to go Long - TGT 1120 Shortly.
1. Popped up off a good Supply Zone
2. A few Mutual Funds have increased its holdings of INDUSIND BANK
3. Popped up from an Important FIB Level
After multi-month Re-accumulation, IndusInd has managed to stage a breakout and a successful retest of the trading zone. The rally today with huge volume signals resumption of trending move after Re-accumulation.