IDUSB trade ideas
Buy Opp above this mentioned Resistance ZonePositional Trade Opp, Use your own RR according to your risk appetite.
Weekly RSI into consideration.
Disclaimer: Before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. I am not liable for any losses or damages you may incur—this means that you alone are responsible for your actions in any trading or investing activities.
IndusInd bank hello!! IndusInd bank is a good bank even fundamentally so it has great chances to go up final targets for long term are very big like 1000+ but yeah for swing trading if it will sustain over 527 then 540 . and if breakdown then around 506 can be seen(less chances) but yeah market is supreme so we have to analyze for both sides.
INDUSIND Bank - Trend Line support plus Last kiss after breakoutIndusind bank gave breakout on 7th July and today it has kissed the breakout line(blue) again and moved up a bit.
It has also taken the support of uptrend line(black).
There are high chances that it will start moving up from this point. One can buy this on 15th July for intraday for the target of 530.
Overall I am bullish on this stock for the next week
INDUSINDNSE:INDUSINDBK
The sudden upmove has kind of reversed, the trendline can guide you in the trade, do keep an eye.
Below the levels of 532.50-530, it can see a downside move with levels of 518, 513 and 508
Only caution to be kept is the trendline is prepared on quite a small timeframe, so be cautious.
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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