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
INDUSINDBK (Indusind Bank Ltd) BUY ABOVE 1390
Indusind Bank looks set for a good move, probably to the downside. Expect to hit 1188 pretty quickly on triangle pattern breakdown. Can stop & reverse in case 1295 level is broken.
INDUSINDBK - Buy with a sl of 1340 and a target of 1820 in next 2 months
Indusind Bank looks Bullish and ready to explode, Double Bottom formation happened on 19/06/2019. Once can buy immediately with a StopLoss of 1348 at Spot Price. Also Bullish Divergence on RSI
indusind bank made double bottom pattern. gave bullish engulfing at bottom trade after confirmation
A complex double zig zag may be coming to an end. A short position can be initiated around 1580-1585, with stop around 1603 for target of 1540/ 1500.
Sell on levels -it in downtrend
Downside sell below 1747 sl 1762 for 1739-1734-1724
Indusind bank Trades using Blue Sky Plus Indicator. Spend less time in doing analysis. Just plain follow the indicator. Message or Comment to get a free trial of the indicator.
Insidebar on daily timeframe: can buy above 1780 with sl 1767 for 1795-1803
INDUSIND Trades using Blue Sky Plus Indicator. Spend less time in doing analysis. Get Disciplined. Just plain follow the indicator. Message or Comment to get a free trial of the indicator.
#INDUSINDBK Positional and Intraday trading opportunity. CMP 1485 Short at 1465-1468 Stop for intraday 1490 Stop for positional / swing 1525 Target Open. Logic : 1) Bearish trend template (daily chart)- Filter 1 2) Downward sloping daily pivotzones (5 min chart) and close below 375 period moving average of daily pivot zones (5 min chart) - Filter 2. 3) Price...
INDUSINDBK HAS A PICTURE PERFECT CHART. ALL WAVES ARE MADE TO MEASURE. THIS IS FORMING AN ABC CORRECTION OUT OF WHICH WAVE A IS A ZIGZAG WITH 5TH WAVE AS THE EXTENDED WAVE. THIS MEANS THE COUNTER-WAVE OF THE SAME DEGREE SHOULD NOT BE ABLE TO RETRACE THE DOWNMOVE COMPLETELY, WHICH GIVES US A STOPLOSS OF 1721. THE UPMOVE IN THE FORM OF B WAVE IS ALMOST COMPLETE WITH...
$INDUSIND anoterh stab at short at key 2.62 % Fib ext