IDUSB trade ideas
INDUSIND Neutral Nov Expiry OptionsLong term support at 1290, bounced from there
Still in the descending channel
Right now at the top of the descending channel
Can breach right through it or get rejected
If it breaches, it will retest this trend line and move upwards
If it rejects then move downward
Indusind BankOne can go long on indusind bank here since it has given close above the green ema line and one can stay in the trade untill it closes below the yellow line, these lines are basically made with 48 period ema of highs and lows. This is something new that I have learnt. you can backtest yourself if you have doubts. Its just my view on this strategy
Indusind bank - Intraday Idea for 4 November 2019Indusind is looking in a good position for a long position. Level is 1390 to build a long position in intraday for 04 November 2019.
Indusind looks primed for a good moveIndusind Bank looks set for a good move, probably to the downside. Expect to hit 1188 pretty quickly on triangle pattern breakdown. Can stop & reverse in case 1295 level is broken.
949. Long only after pull back fib levels.SL compulsory
RSI bear divergences... exists for upcoming pullback
INDUSINDBK - Buy for 1820 in next 2 monthsINDUSINDBK - Buy with a sl of 1340 and a target of 1820 in next 2 months
824 NR7+IB.abc,w2 of a burst as assumptionSL compulsory; buy only if price sustain above prior day highs; other wise no signal.
if trades below prior day low, then short with sl.
downtred is heavy on this one . dont look at the noise on the tv for this .
The stock has broken down a long term support in a descending triangle . now is in a downward channel goin down and about to accelerate to targers of 1100.
Indusind Bank- Descending TriangleDescending Triangle, Wait for breakout in down side for huge down fall.
INDUSIND BANKINDUSIND BANK
Trying to break out of Triangle.
If happens, and with good volume, then possible upmove till 1508 levels.
RSI also moving in triangl formation and trying to break free.
Volume also reducing as price getting squeezed in the triangle.
Upmove till 1508 also shows Bearish Bat pattern with D point at a resistance level and fibo level
of around 1508.
