INDUSINDBKIndusindbk chart Analysis........ 05/07/23
Indusindbk Short - 1363 ya Opening high
Sl - 1400
Target - 1336 / 1321 / 1300
Enjoy !
Someone from all of you members would like to know which candlestick pattern could not be formed here.
INDUSINDBK trade ideas
INDUSIND rising wedgeOn the chart we can see a rising wedge formation. We expect the price breaks down of the wedge. Our strategy is to short when the price breaks out of the wedge with increasing volume.
Regular bearish divergences confirm our bearish bias on the stock.
Indusind Inducing Confidence.IndusInd Bank Ltd. is one of the India’s leading financial services company. The Bank has network with 2606 branches and 2878 ATMs speeded across the country. They also have representative offices in London, Dubai and Abu Dhabi. Indujas are planning to hike their stake in the bank by inducing fresh amount of Rs.10,000/-Crores.
IndusInd Bank CMP is 1308.70. Negative aspects of the company are FIIs are decreasing stake, promoter holding decreasing and high promoter pledge. Positive aspects of the company are low debt, improving annual net profits and MFs are increasing stake.
Entry can be taken after closing above 1319. Targets in the stock will be 1344 & 1386. Long term target in the stock will be 1435. Stop loss in the stock should be maintained at closing below 1136.
Indusind BankHello
Traders I Hope You Are Doing Well.
Today I Am Sharing My Indusind Bank Chart Analysis For Tomorrow Morning.
Indusind Bank Long Swing Trade | 25% Upside PotentialI am bullish on banking sector.
IndusInd bank looks interesting.
The price closed above 1270 and sustained there for few days, which signals that the breakout is strong and valid.
I expect the price to continue to ho higher till
1. 1350
2. 1600
3. 1800
Stop loss can be daily close below 1240.
Let me know in comments section if you want me to analyse any other stock/crypto/forex pair/commodity.
IndusInd Bank LtdAlready had rallied.
Ascending Triangle Breakout
Purely technical - Resistances and support given in chart
Market Cap
₹ 1,01,126 Cr.
Current Price
₹ 1,303
High / Low
₹ 1,304 / 763
Stock P/E
13.7
Book Value
₹ 616
Dividend Yield
1.09 %
ROCE
7.37 %
ROE
15.5 %
Face Value
₹ 10.0
Promoter holding
15.9 %
EPS last year
₹ 95.2
EPS latest quarter
₹ 26.3
Debt
₹ 3,41,005 Cr.
Pledged percentage
45.5 %
Net CF
₹ -11,843 Cr.
Price to Cash Flow
-8.13
Free Cash Flow
₹ -12,958 Cr.
Debt to equity
7.15
OPM last year
56.3 %
OPM 5Year
52.7 %
Reserves
₹ 46,923 Cr.
Price to book value
2.11
Int Coverage
1.53
PEG Ratio
0.88
INDUSINDBK--Consolidation??Observations::
This stock is facing resistance multiple time from the zone 1300 range,and not able to break high.
A strong fall is observed and @1250 range buyers pushed the price towards 1300 range again,
means we have sellers @ 1300 range and buyers @1250 range,
1275 range is giving support by pushing upside,wait for break of thhis to reach 1250.
so we will also follow the range bound from 1250 to 1300, until price breaks this range.
we have strong demand zone @ 1225.
INDUSINDBK - Weekly AnalysisIn the Weekly Chart of INDUSINDBK ,
we can see that, after multiple failure of Cup & Handle at 1240 - 1260 levels, finally it has crossed it.
Let it retest and the enter with SL .
Go Long for INDUSINDBK .
Darvas Box breakout!IndusInd bank has given a breakout above 1240. As per Darvas Box theory, it has completed a consolidation started in Nov 20.
CMP - 1268
T - 1800, 2000 W
SL - 1100 W
INDUSINDBK--AT untested Supply zone??Observations:
-------->>the stock is trending upwards.
--------->> At previous resistance level a strong breakout with upside move is observed.
--------->> If price again take support from this zone110 level, we will observe a breakout above 1220 is possible.
---------->> from here price is reversal or continue move upwards to 1260 levels.
---------->> now price is previous untested supply zone, keep watch this levels.
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In my previous post i have given that this is a false breakdown
look at this ,
INDUSINDBK - Weekly AnalysisIn the Weekly Chart of INDUSINDBK ,
we can see that, after failing twice for Cup & Handle Pattern.
it is now ready for big move.
let it retest and then enter with SL.
Possible targets - 1600 and 1800.
INDUSINDBK--False breakdown??Observations:
-------->>the stock is trending upwards.
--------->> previously at this level a strong consolidation with upside move is observed.
--------->> If price again take support from this zone we will observe a breakout above 1180 is possible.
look for buying In INDUSINDBK.
INDUSIND - Swing tradingIndusInd broke the resistance and closed with a good candle. can expect a decent swing in this trade
#INDUSIND BANKBuy price - 1160.10
Target price - 1249.85
Stop loss - 1119.60
Make inverted head and shoulder in 4 hour time fram , MACD and RSI saw fair value , take support of 50 EMA . That's mine what's your do comment .
Time to take profit in Indusind Bank
I think its time to take profit off Indusind bank. It may stay sideways or go down from here , at least 3-45
INDUSINDBK-Expected to be Bullish breakout @ 1170 INDUSINDBK-Observations:
----> Stock trending upwards.
----->Previously false breakout happens at this zone 1170-1185.
------>Now expected to break the Resistance and buyers take the price towards high of this zone and wanted to test supply zone at 1210-1230.
Trendline Breakout - Small SL trade
Follow Strict SL
PS : Only for learning purpose. Please consult your financial advisor before investing.
INDUSINDBNK INTRADAY IDEA ON 27-04-2023in INDUSINDBANK we will take a long trade,this content is made for learning and educational purposes only. we are not responsible for any losses or profits.
Goog areas to tradeIt is in a very important area of price where a bug rally is aspected so keep a eye on it
INDUSINDBK bank is going gown good time to shortYou can short INDUSINDBK now it is going down and completed the retest also so u can earn a good profit
Option buyers can buy put
INDUSINDBK Short OpportuityIf price comes at entry level before reach at target level then go for short.
Trade at your own risk.
Indusind Bank - Analysis on 7-3-2023 - Buy over 1255 Closing Indusind Bank - Analysis on 7-3-2023 - Buy over 1255 Closing
Indusind bank Cup Handle ChartThe indusind banm 1h chart cup-with handle pattern formation. 🤔 this is also in the rounding bottom. Now the most important thinge the price is not cross the Pre-Covid High.
Follow for more intersting chart
