ROUTE ONE INVESTMENT in talks to raise stake in INDUSIND BK

Updated
Exclusive: Hedge Fund Route ONE Investment in talks to raise stake in INDUSIND Bank (Source: Moneycontrol)

#INDUSINDBK is moving under rectangle box and near to upper breakout. Today stock gain Volume more then 20VMA. Stock has support over 20EMA but bullish in Daily candle while in Weekly and Monthly period it is still bearish hence recommanded for treading only.

Showing Bullish in all indicator:
Increase in Relative strength - Benchmark Index
CCI above +100
ROC is trending UP
MACD crossed above signal line
Stoch is treading UP
RSI is trending UP
Aggresive New Long
Stock outperforming from Benchmark and sectrol index on 1 week and 3 month both
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Support : 510 and 484
Breakdown : 522
CMP : 526
Breakout : 536
Short Target : 549
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(Disclaimer: This is only for educational purpose.)
Note
Hit the Target and treading above.
Trade closed: target reached
Target Reached
Beyond Technical AnalysisChart PatternsindusindindusindbankINDUSINDBKindusindbklongTrend Analysis

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