Swing trading idea in indusind bank Swing trading idea in indusind bank as you the chart indusind bank came to the low of 2023 and formed hammer candle in weekly timeframe we can plan buying at this level
IDUSB trade ideas
INDUSIND BANK LTD S/R Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline.
Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities.
Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement.
Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.
Indusind Bank Elliot Wave Analysis #elliotwave #indusindIndusind bank elliot wave analysis daily time . this stock complete down side correction . Wave A,B or C . Wave C internal 1,2,3,4 or 5 . 2 or 4 trendline breakout
Indusind bank view for tomorrow 17th May Indusind bank view for tomorrow 17th May
Buying opportunity only above if sustain above 1420
Selling chance below 1393
Charts for Educational purposes only. Not a Trading Recommendation
Strictly follow Risk Reward and Stop Loss
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V Trade Point
multiple testing of single point we can clearly see that we are testing one single point for the multiple times , along with that
Pole and flag is also seen in the charts
make decision accordingly.
All the best.
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INDUSINDBK Analysis for Swing and Intraday for 29 AprilCreate a high of 1694 the price is moving in a range between 1579.20-1428.Price can take Support at range between 1428 -1443. Because 5 times price respect this level .
For swing trader we will wait for breakout or breakdown.
Bull Entry: after cross 1576 level with good volume and day closing.
If you are looking for intraday :
After crossing 1442 level you can short your position and next support will be 1272.
If price trade between 1450-1480 it's a side base market. if price cross above 1480 level with good volume or with price action then we can make a target of 1511.
Important level:
Resistance 1576
Support 1: 1448
Support 2: 1272.60
Indusind bank Indusind Bank has cup & handle pattern, you can buy from 1570, stop loss will be 1530 and target will be 1640.
INDUSINDBK Looking for BullishStock name - INDUSIND BANK
Daily chart setup
Chart is self explanatory. Levels of breakout, possible up-moves are clearly defined. Buy after breakout confirmation
Do Like ,Comment , Follow for regular Updates...
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
IndusInd Bank - A potential upsideTHE 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 1350
Risk to Reward will be 1:9
Time horizon should be 12-15 months
INDUSIND BANK LEVELSFor educational purposes only, I believe the optimal demand zone is between 1500 to 1520. You can enter at this level on a 15-minute timeframe reversal candle. For those who are willing to take more risk, entry points could be between 1550 to 1570. The subsequent targets are 1583, 1607, and 1640, with the stop loss set at 1495. If you find my analysis useful, please follow and comment.
Indusind Bank: Short for C-waveCurrently, Price is at 78% retracement of 1st Wave of C-wave, which is 2nd Wave and may move downwards for 3rd Wave. Target may be 1260 based on Support.
INDUSIND--Drop Base Dropprice broken the trendline and retested.
price is now exactly at trendline resistance..
wait for the price to break the support and retracement,will enter for short side.
now price is in consolidation, manipulation above resistance , will observe and fallback again.
keep safe going long again.
INDUSIND BANK LONGNifty Bank is move upside around 2.5% in today session and in the category of top index gainers.
If we closely look the Bank Nifty chart, we can see the breakout on daily time frame with good decisive candle.
INDUSIND BANK is the top gainer in the BANK NIFTY, along with Index it give breakout.
As we can see in the chart INDUSIND BANK shrink the range from the last month with the same support zone.
It would be a good opportunity from here to TOP.
Leading Diagonal : Elliott wave Analyisis (Elliott Baba)Leading Diagonal : Elliott wave Analyisis
This pattern subdivides into 5 waves.
Wave 2 never ends beyond the starting point of wave 1.
Wave 3 always breaks the ending point of wave 1.
Wave 4 usually breaks beyond the ending point of wave 1.
Wave 5 in the absolute majority of cases breaks the ending point of wave 3.
Wave 3 can't be the shortest.
Wave 2 can't be a triangle or a triple three structure.
Waves 1, 3 and 5 can be formed like impulses or zigzags.
Indusind Bank Chart Analysis on Monthly Time FrameIndusind Bank Monthly Chart is looking strong we can consider at current market price at 1674 with sl of 1580 and for target of 1950
Waiting for conforming breaking the resistance Waiting for conforming breaking the resistance. if break bull will ride
Indusind at decidling point, will it break 1245Ascending triangle at montly chart seen
IndusInd at deciding point, will it break 1245
if hourly close above 1250, then door opens for 1600 levels
if 1245 acts as resistance, then 1000 levels can be tested again.
keep watching 1245 levels
TTT
INDUSINDBK - Ichimoku Breakout📈 Stock Name - Indusind Bank Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 1650.
🚨 Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
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INDISIND Bank Formed Inside Candle PatternNSE:INDUSINDBK INDISIND Bank Formed Inside Candle Pattern
Inside Candle Formed on Daily Chart ..
Either Side Breakdown or Breakout is Possible
the Range is So Important
if Breaks Upside Then Possible Targets Are Marked
if Breaks Downside Then Possible Targets Are Marked
Stock Update $NSE:INDUSINDBK
Dear Followers,
I hope this message finds you well. I wanted to provide you with a brief update on the stock NSE:INDUSINDBK I have been monitoring.
It appears that the stock is approaching a potential resistance level Near 1630-1640 This is an important technical point where the price has historically had difficulty breaking through. It suggests that we may see a temporary halt in the current upward momentum and Possibly it will test 1520-1500 In Downmove.
Resistance Levels to Watch out.
Resistance levels are the opposite, representing prices at which a stock has historically struggled to move above. These levels can signal a selling interest. Understanding resistance points is crucial for anticipating potential obstacles in the upward movement of a stock.
R1=1630
R2=1680
R3=1760
Support Levels To Watchout.
Support levels represent prices at which a stock has historically had difficulty falling below. These levels often indicate a strong buying interest. It's important to monitor these levels, as a breach might suggest a potential downward trend.
S1=1520
S2=1470
S3=1410
This message is for informational purposes only and should not be considered financial advice. It is crucial to conduct thorough research or consult with a financial advisor before making any investment decisions. We do not guarantee the accuracy or completeness of the information provided.
Best regards,
Indusind Bank weekly Price Action strategy
1355 stop loss swing low
closed above 1460 swing high
target trend lines
