INDIANB trade ideas
🇮🇳INDIAN BANK BREAKING ABOVE RESISTANCE AND BULL FLAGFor more updates, please follow my TradingView page, and if you find the content useful, kindly hit the "thumbs up" button to show your support. If you have any queries regarding trading, please feel free to send me a direct message on TradingView. Additionally, please share this content with your friends who may find it beneficial.
Please note that any trading updates provided here are for educational purposes only, and it is always advisable to conduct your own research before making any investment decisions. It is important to ensure that all conditions are met before following any trade plan suggested in this update.
Indian bankIndian bank on Bullish view,
It comes out from the Triangle pattern,
Now it is facing some resistance.
Wait for some dips.
INDIANBwe are looking INDIANB bullish move.
this is not a trade advice. we are sharing this for only education purpose only.
INDIANB BUY @ 177.7entry 177.7
SL 166
qty 50
risk 585rs
price has broke above many monthly highs, on weekly and daily it looks like a very good breakout
took very small position with bigger SL than usual because many stops got hit recently so just giving more room for trade to work out
#Indianbank #C&H #FIBO #EW Indian Bank 1W: This one is going to do good in coming few days. It is getting ready as awaiting a Cup&Handle pattern breakout on weekly TF. Recent long consolidation cum correction lasted only till 0.38% & that is good. Oscillators are gaining strength too. EW will also trigger able 182. Dont rush but slowly add till 155 SL 150 and I see 225 - 240. Cross above 240 review due for Tgt 280. Keep eyes.
Triangle in Elliott wave theory Indian bankElliott wave theory is itself is a complete technical analysis which shows the naked price action.
In the Indian Bank chart, the triangle is forming. As we discussed in our previous analysis (attached in link to related ideas), the triangle can burst in any direction.
Only two possibilities occur in Indian Bank,
1. If an Indian Bank crosses 162, it can go to 205.
2. If Indian Bank breaks 140, it can easily go to 114.
In both cases, more than 20% of the move is a sure-shot clear move.
Happy trading.
Indian Bank for long Term Is at low risk for long term
Long Term Minimum - 2 yrs
Huge potential upside expected
INDIANBANK - Supply Breakout + UptrendStock is in uptrend and breaking the supply for second time, the stock breakedout ascending triangle previously, which gave huge upsurge to price, in the last session of the market price successfully closed above the supply zone, we've marked a minor resistance as breakout level.
indianbank buy zone 178.
first target 180.65
second target 187.20.
this strategy is darvas strategy. wait for box breakout and enter a trade. sl below box and middle of box.
good luck friends.
this trade only intraday. dont hold.
Moving up inside expanding channelIndian bank is steadily moving up inside the expanding channel - monthly TF...if it completes the move, which could take time, it will be a 160% move..for the near term targets are marked..247 ( which i have not marked, but is a target), 298, 422...let us see how it pans out. This is not a recommendation to buy.
Indian bankNSE:INDIANB
Indian bank looking for 280 target
trend change after ling time
Looks very positive
Favorable RR NSE:INDIANB
Indian BAnkStudy purpose
Analysis on17.10.21
CMP 165, Ascending triangle, Vol BO, Price-vol action,
Fib and Asc triangle tgt 244
MACD and RSI signals buy
INDIABULLS looking really bullish1. Brokout from daily/weekly swing high
2. brokeout from Weekly pivot
3. now its look to move next resistance 221
INDIAN BANK DAILY CHART Triangular pattern breakout .165 resistence if closed above then next tgt 195-200
Super Bullish on INDIANB #Nifty#TradingIndian Bank has given highest ever net profit along with forming a great chart pattern - Cup with Handle, Tweaks in government policies for psu banks have given a major support , If net profit is highest ever the stock needs to be traded at either book value or All-Time High .
Short Term Target - 2-3 Months - 35%
Long Term Target - 80% over a year
Indian Bank BreakoutIndian Bank Has Given a Breakout of Daily TF with Increase in Volume. We can see further upside in this stock Keep a SL of 149 on DCB..
Indian Bank (NSE) SHORT POSITIONOn the 4-hour chart, we can expect a bearish confirmation of the MACD crossover indicator, because as we can see, the MACD line and the signal line are already getting close to each other. The stock price is also moving to the middle level of the Keltner channel. The Williams Fractals indicator shows a bearish confirmation either. In view of these findings, we expect the price will reach a middle level and consequently, a re-test should be performed.
Position: SHORT
Entry level: $ 1.85
Target price: $ 1.70
NO FINANCIAL ADVICE
Indian bank technical chant patternIndian bank has created beautiful reverse head and shoulder traditional chart pattern. Based on this technical chart pattern, target is very high.
The support this target, Fundamental of Indian bank also supports here because this bank's book value is more than 300.
Indian bank trending lineDrawing important support trend line for indian bank which may hard to break as share price takes support at three times and make it more strong support.
