THE TARGET LTP on NSE on 14/Feb/2024 was INR 1484.50 (with a high of INR 1494.50 and a low of INR 1434.95) Although it is a good buy at current levels, still conservatively I will accumulate even at dip to Rs.1440/- Resultantly after all this discussion, I believe that the target price should be: first INR 2050 and second INR 2350. Stop Loss should be INR...
As per my analysis NSE:INDUSINDBK has more potential for upside. Fresh entry level could be 1440 with stop loss of 1412 (-28 points risk). We can expect upside targets of 1463 (+23), 1481 (+41), 1490 (+50) & 1501 (+61). It could be low risk and high reward idea.. Note: This is my personal analysis, only to learn stock market behavior. Thanks.
the stock is trendnig upwards... previously a strongfall is observed from the zone 1450. previous resistance is broken @1270 zone and retested and moves up.. now price enters in to the weekly resistance zone... keep safe...
Observations: -------->>the stock is trending upwards. --------->> previously at this level a strong consolidation with upside move is observed. --------->> If price again take support from this zone we will observe a breakout above 1180 is possible. look for buying In INDUSINDBK.
The Scrip is consolidating a long near resistance and forming a flag type pattern on daily TF, can give a good move on breakout, Keep in radar.
indusind bank is consolidaing in a box if it breaks out go bullish and get the tareget if indusind bank looks weak wait, go short below thew range you are going to get good target
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
Hidden bearish divergence on the 4H Chart indicates a slight pullback to the 400-410 level before retesting the ascending triangle resistance. If broken it is a promising 25% upside. Will update once buy region is hit. Slowly but surely. Patience is key. -Kautilya.K