Indusind has strong momentum on down side; expect sub 1000 levels in December itself
INDUSInd Bank to go Long - TGT 1120 Shortly. 1. Popped up off a good Supply Zone 2. A few Mutual Funds have increased its holdings of INDUSIND BANK 3. Popped up from an Important FIB Level
INDUSIND completes Fib ext rally . Shld go down for mean reversion. 1st tgt 1026 then 975 then 200dma
INDUSIND BANK IS FORMING A Head and Shoulder Pattern at the Top, shorting at current level of 1100 with a SL of 1120 and target price of 1060-1040 offers good risk reward ratios.
THIS STOCK HAVE GRAVESTONE DOJI RSI ALSO OVERBOUGHT SO WE ARE GOING TO SHORT THIS STOCK. IF YOU ARE AGREE WITH MY VIEW THEN PLEASE HIT LIKE AND FOLLOW ME FOR MORE UPDATES AND IDEAS. I REALLY APPRECIATE THAT. TRADE WITH CARE REGARDS KING999
$INDUSIND pinbar reversal. Short under uptrend line
After multi-month Re-accumulation, IndusInd has managed to stage a breakout and a successful retest of the trading zone. The rally today with huge volume signals resumption of trending move after Re-accumulation.
Currently, price is ranging in a symmetrical triangle of Wave 5 of impulsive leg. Breakout to downward direction will begin correction waves of the said impulse move.