Indusind bank can fall and according to me the rally yesterday was fake to trap retail investors.
My analysis showing it will fall below 500.
With first target of 550 and second target 500 area which will act as a double bottom for the stock, if sustained can jump and if not more fall can be seen.
Good luck to all traders.
One can trade in this script with immediate target of 570 followed by 610 and higher before stock split, keep stop loss at 500. Good luck and have a great profitable day.
For long term investors keep it in your portfolio and hold for multi fold returns.
for more you can visit my site 5nancial.blogspot.com
The most under rated stock is now on its dream run, get ready for the big rally. As per my analysis Its now trading inside the triangle pattern so a breakout to the upside can give target of TP1 - 14.45 TP2 - 18 and TP3 - 23 keep stoploss under 9 as it is the bottom of the flag pattern. Good luck and enjoy the ride any bad news for the stock can ruin the rally but...
I think Nifty50 had bottomed and we might soon see reversal.
Fib Ret level 0.382 @ 7803.47 already tested if broken we might find support at 0.5 @ 6367.41 and I thank that's the lowest point NIFTY50 can go I don't see it breaking that level, so I think we are near the bottom and might soon see pullback to resistance level 0.236 @ 9580.28 good luck