IDUSB trade ideas
IndusInd Bank Ltd - WEEKLY CHART VIEW!!#INDUSINDBK
IndusInd Bank Ltd.
Anticipated Bounce back above 530 helped the price to add fresh positive strength and demand to fly high.
As of now 670 - 690 - 700 should consider as resistance and 625 - 600- 580 as support.
Fresh upside above 700 expecting to increase bullish sense further .
INDUSINDBANK Go Long Indusindbank : fresh breakout with good volume confirmation , go long for target 794 with sl 542.
INdusind BankVery big Breakout ...taken it higher.... always trade when u see reversal at given PRZ ....
INDUSIND Consolidation Breakout is likely - Watch itINDUSIND is consolidating between 480-570 levels on daily charts for the last 2 months, BANKNIFTY also looks bullish, continued momentum in BANKNIFTY and if price sustains above 570, it will easily reach 740 levels. in the last few sessions, every fall it is traded with low volume, indicating accumulation. 560-570 level is already tested, so if it breaks it can quickly jump to 700 levels.
INDUSIND BANK : 27 AUG 20 :569 IS THE MAJOR RESISTANCE AREA. LETS SEE WHETHER IS IT ACT AS SUPPORT AREA OR RESISTANCE AREA.
SEE ALL MY CHARTS IF THEY ARE A KNOWLEDGE SEEKERS OPPORTUNITIES THEN LIKE MY CHARTS BECAUSE THEY ONLY ARE THE MOTIVATION FOR KNOWLEDGE HUNTERS.
Buy Opp above this mentioned Resistance ZonePositional Trade Opp, Use your own RR according to your risk appetite.
Weekly RSI into consideration.
Disclaimer: Before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. I am not liable for any losses or damages you may incur—this means that you alone are responsible for your actions in any trading or investing activities.
INDUSIND BANK LONG
IF IT SUSTAINS ABOVE 528 ( MAJOR RESISTANCE LEVEL) GO LONG ABOVE THE YELLOW TRENDLINE.
SL- 523. T1- 554 T2- 577.
HOLDING PERIOD- 4-5 DAYS
KEEP THE PRICE ACTION IN MIND AND TRADE ACCORDINGLY.
indusind FLAG Patternif this open above 570 breaking the flag pattern buy this stock for short term
holding period 2 - 3 months if profit exit
Exit @ 650+
RANGE MOVEMENT IN INDUSIND BANKPRICE IS MOVING IN RANGE AND ANY MOVEMENT ABOVE THIS CAN GIVE A GOOD RUN UP.
IndusInd bank Hello!! Indusind Bank is really a very good stock as a I also talked about it before..... for now it can give an up move because it is sustaining above the resistance. #my_view #learner
