After 4 months trading in range, Indusind bank broke down the range last week. Now it has started rising and entered the same channel again.
It is showing positive sign against EMA200 and Supertrend . I think with this setup , it has potential to go up in the coming days until it hits the middle line ( around Rs. 1200) in the channel and then upper bound.
Founder-CEO - TogetherInvesting Club
942A, Spaze TechPark, Sohna Road, Gurgaon, 122001, India
942A, Spaze TechPark, Sohna Road, Gurgaon, 122001, India
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.
Founder-CEO - TogetherInvesting Club
942A, Spaze TechPark, Sohna Road, Gurgaon, 122001, India
942A, Spaze TechPark, Sohna Road, Gurgaon, 122001, India
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.