IDUSB trade ideas
Indusind bankIndusind bank Trades using Blue Sky Plus Indicator. Spend less time in doing analysis. Just plain follow the indicator. Message or Comment to get a free trial of the indicator.
Evening Star PatternSell Indusind bank at CMP
evening star formed yesterday itself and still target to come.
T1 1720 and
T2 1700
almost 2% to come
INDUSIND BANKINDUSIND Trades using Blue Sky Plus Indicator. Spend less time in doing analysis. Get Disciplined. Just plain follow the indicator. Message or Comment to get a free trial of the indicator.
INDUSINDBK Wave B Complete Wave C Target 905 Rs#INDUSINDBK has completed its Wave B of ABC correction which was abcde Symmetrical Triangle. It should most likely break downwards and target the end of Wave C at Rs 906. #Nifty #Nifty50 #NiftyFutures #Banknifty #niftybank #Elliotwaves
Sell INDUSIND BANK.Trade setup is mentioned on the chart. ADD position when confirmation is received.
INDUSINDBK - BREAKOUT WILL LIKELY AMPLIFY FALL#INDUSINDBK
Positional and Intraday trading opportunity.
CMP 1485
Short at 1465-1468
Stop for intraday 1490
Stop for positional / swing 1525
Target Open.
Logic :
1) Bearish trend template (daily chart)- Filter 1
2) Downward sloping daily pivotzones (5 min chart) and close below 375 period moving average of daily pivot zones (5 min chart) - Filter 2.
3) Price currently resting close to support level of 1472 (Rs 4-7 cushion kept for avoiding entry during fake breakouts) with a nice contraction in price and volume.
INDUSINDBK - PLAN FOR DECEMBER 2018INDUSINDBK HAS A PICTURE PERFECT CHART. ALL WAVES ARE MADE TO MEASURE. THIS IS FORMING AN ABC CORRECTION OUT OF WHICH WAVE A IS A ZIGZAG WITH 5TH WAVE AS THE EXTENDED WAVE. THIS MEANS THE COUNTER-WAVE OF THE SAME DEGREE SHOULD NOT BE ABLE TO RETRACE THE DOWNMOVE COMPLETELY, WHICH GIVES US A STOPLOSS OF 1721. THE UPMOVE IN THE FORM OF B WAVE IS ALMOST COMPLETE WITH SUB-WAVE 5 OF WAVE C OF WAVE B PENDING COMPLETION. ONCE THIS GETS COMPLETED AROUND 1670, WE SHOULD SEE A DOWNMOVE FOR FIRST TARGET OF 1484 FOLLOWED BY 2ND TARGET OF 1331. THE 1ST TARGET SHOULD BE COMPLETED BY MAXIMUM 17 DECEMBER 2018 WHILE THE 2ND TARGET SHOULD BE COMPLETED BY END OF THIS CALENDAR YEAR
INDUSIND BANK Swing Long IdeaINDUSIND Bank is looking bullish and has given a Breakout on 4 hrs chart. So one can initiate Bu here around 1560 with stoploss of 1500 for tgt of 1660 in coming weeks.
Disclaimer: View shared here are only for educational purpose and are no recommendation to buy , sell or hold any stock/indices
Indusindbk#INDUSINDBANK looking for 4-5% more downside as per #WEEKLY #DAILY chart. Stock facing resistance at level 1560-80, if stock not able to break these levels we can see 1450-1400 levels too in stocks.
INDUSINDBANK - 4 HR - DOUBLE BOTTOM - RSI DIVERGENCEINDUSIND BK - 4 HR Time frame
As the formation of double bottom and RSI divergence we can go LONG as like RR in the chart
IndusInd - LongMoving upwards in a channel with resistance turning as the next support zone. Fib shows that it retraces 50% on every up move.
Buy - 1670
CBSL - 1635
Target - 1740
Risk Reward - 1:2
