breakout 3 days ago. has been sustaining the levels
cup and handle pattern reversal of downtrend about to break range
If this channel breakout sustain for 2 3 days then indusind bank will hit the near term targets . this view is only for educational porpose .I am Not Sebi Registered analyst . !!!Always Use Stop Loss !!! :-) HappY Investing :-)
Indus shouldn't break 981.30, below that you can expect following levels 981.30-952.85-931.20
Current View for Short term trading . . . DM for Enquiries
Indusind Bank - It has crossed its Resistance of 910 and sustained above it. Since its a high beta stock support of Bank Nifty Index is very much necessary which is also there. + There is Positive Moving Average Crossover CMP - 922 , Target - 936 , 948 , 962 , SL - 910
Nearing strong resistance if it breaks out then 1200+ possible
I'm not an expert I'm just sharing my views on INDUSIND BANK for next trading day I'm not responsible for any profit or loss this is not a recommendation
Trend over all up. once will reach Target 1. move the Profit. if revers from resistance Zone 1. we can expert fall rally to correction wave. we can also consider revers head and shoulder pattern. incase break resistance Zone 1 trend will travel to resistance Zone 2.
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/-
Here in indusind bank one trade may be start. So in indusind we can make bullish position for week as well as long term.... My own SL :- For week :- 580 For long term :- 500 Note :- Do not go with my advice , study a trade ! Hello i am Zeel Goswami, Here on my profile you can get best positional & swing trade So you can follow me for bullish ideas Thank you
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.
Most of the time , the price will eventually break the support line and continue to fall in a Descending Triangle situation. However, in this case the support line seems to be very strong. It appears that the price is going to bounce off the support line and will make a strong move upwards. The good news is that we don't care about the Price Target. We just know...
indusind is clearly broke the triangle set up. It made the retest also. So all the drama is gone. Remember in the current bull, banks did not participate the rally. This time for banks. Your humble trader Kiran
Short Term Stock Option Buy INDUSINDBK JUL CE 540.00 @26-27 SL 1 It has cross over at 513 and supported by good volume chart is bullish on short and long term.
Exclusive: Hedge Fund Route ONE Investment in talks to raise stake in INDUSIND Bank (Source: Moneycontrol) #INDUSINDBK is moving under rectangle box and near to upper breakout. Today stock gain Volume more then 20VMA. Stock has support over 20EMA but bullish in Daily candle while in Weekly and Monthly period it is still bearish hence recommanded for treading...
Hey guys! IndusIndBk has broken out of its major resistance level and has flipped it to support. It has consolidated for a while above the support, which is healthy. And, it's closing in on the D-Day. MACD is converging bullish adding to the bias. Stoch RSI has bottomed out and is ready for a reversal. Next possible resistances are way above 600...
Although Bank Nifty seems to be "pessimistic" I feel IndusInd Bank will hold the support line on Monday. - Any Sign of a reversal with a good candlestick on Monday is a huge BUY Signal! - Although place a tight stop loss in case Nifty acts up. -Kautilya.K