Indusind Bank R:R PositionalAny pull back sign on weekly closing with higher number of volume average could be act as entry Point and Indusind Bank R:R Positional it could give good return in year or so.
Support is just near so R:R is lucrative.
Red line violation can be act as exit point
This is my personal view.
study your risk appetite and time horizon before acting on trade.
INDUSINDBK
INDUSIND BANK : WARNING CALLStock tumbles more than 10 percent on news of whesleblower....so now if stock trades below 1050 then it will be better to sell stock u till solve all issues ..or again start trading above 1200...even it's better to short stock below 1000
Disclaimer : it's just a advice...trade with our own risk...
Indusind Bank Looking Good Near Weekly Trend Line Support Area Indusind Bank Looking Good Near Weekly Trend Line Support Area 1060 - 1070
And Also Filling One Gap Between 1060 - 1070
March Month Breakout Retest Good Opportunity To Buy On This Deep For
Only One Target 1400 - 1500
Stop Loss Below 1020
Long on IndusInd BankI have taken a long position on IndusInd bank as it is in it's demand zone that was created between 1157 and 1128.
It has also given a trendline beakout in Monthly chart.
My entry: 1157
My Sl: 1127
My 1st target: 1:1
My 2nd target: 1:2
Please note that once my 1:1 is hit, I'll trail my SL to entry level.
I'll update once SL or Target is hit.
WARNING: THIS IS MY PERSONAL OPINION, AND NOT A TRADING ADVICE, I WON'T BE LIABLE FOR ANY LOSS TAKEN ON THIS ADVICE.
Indusin bank intraday analysis for 16-8-21 Indusind Bank is taking support of trend line from so many days and it has break trend line today .
now it has consolidating .if its break 1021 then take a short trade and target is 1010.
if it gives break out to upside then take long trade . if it break 1026.50 in 15 min time frame then take a long trade and target is 1038..
INDUSINDBANK ::: BULLISH :::DATE: 08 JUL 2021
INSTRUMENT: INDUSINDBANK
TREND: BUY
TIME FRAME: DAY
CMP: 1045.45
BUY ABOVE: 1051
STOP LOSS: 1037
TGT 01: 1097
TGT 02: -
TGT 03: -
INDICATORS FOR CONFIRMATION OF TREND
INCHIMIKO: BULLISH
PSAR: BELOW CANDLE
RISK DISCLOSURE:
We are not S E B I registered analysts. VIEWS EXPRESSED HERE ARE FOR OUR RECORD PURPOSES ONLY. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.