rend line formed in indus ind , will go down
NSE:INDUSINDBK Indusind Bank today tested its major support area of 447.6-366.25 if its manage to break it down. There is nothing worst to see. We may see accumulation in above mention area.
Short @650 Target @ 531, 484, 447 Stoploss @ 678
Bullish Divergence + Price approaching Support trendline of the channel shown. Such Divergence on daily chart indicates a strong bounce. We already saw some buying towards the end of the day. Buy around 1130 and hold or wait for horizontal support around 1045.
Indusind Bank Limited is made low but rsi is trying to go up. This is a divergence .
INDUSBNK SHORT MUST... LOOKING BEARISH
if candle closes below trend line (30 minutes candle).
Strong support....expecting trend reversal.Need to monitor closely.
Bullish BAT is formed in Indusind Bank. CHart is shared for Study purpose
INDUSINDBK (Indusind Bank Ltd) BUY ABOVE 1552
indusindbk in channel support, trade when you get reversal in one hour. Follow the trend of the nifty and trade according to that, target and stoploss by your own
started to travel in parallel channel, after on hour closing trade according to that. follow the trend the trade