Indusind Bank: Short for C-wave
Currently, 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.
Note
Still, the current retracement upwards is not 100% of wave 1 of C-wave, so still idea is active and trade can be taken on bearish candle weapon
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.