IDUSB trade ideas
Indusind Bank Limited - Breakout Soon 📊 Script: INDUSINDBK (INDUSIND BANK LIMITED)
📊 Nifty50 Stock: YES
📊 Sectoral Index: NIFTY BANK / NIFTY500 / NIFTY
📊 Sector: Financial Services
📊 Industry: Banks / Private Sector Bank
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 Crossover in MACD .
📈 Already Crossover in Double Moving Averages.
📈 Volume is increasing along with price.
📈 Script is moving towards resistance level which is around 1240 if script is breaking its resistance level it may go up.
📈 Current RSI is around 73.
📈 One can go for Swing Trade only above 1240.
BUY ONLY ABOVE 1240
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!🥂
INDUSIND BANK ELLIOTT WAVE ANALYSISThis bank stock analysis is on weekly timeframe for long term value investment , the stock is showing great movement after the 2020 crash has recovered well.As shown in the chart the stock is in wave 3 of cycle degree on weekly timeframe and the wave 3 target is around 3500 in coming years.
Chart of the week. IndusInd Bank.This chart came first in my attention last year when it gave breakout around same price. I was extremally fascinated with its structure, however, due to bad news and then the Ukraine war market corrected and my SL was hit. However, this stock was always on my radar. Few weeks before it gave a breakout above 1000 with very big volume and again it caught my attention. This week, however, it has hit its first target but also gave a Cup and Handle breakout on its weekly charts. Now this stock can be recommended to everyone for investment. This is very reputed mid cap bank with very good fundamentals. I am still keeping my targets as last year. We will review this stock once it hits 2000.
CMP - 1227 (17/9/22)
T - 1600, 1800, 2000 W
SL - 1100 W
View - Medium term.
INDUSINDIndusind broke out of rounding bottom pattern with good volumes.
Could be bought with mentioned stoploss & targets.
INDUSINDBANK Buy for intraday tradingINDUSINDBANK Buy for intraday trading if stock and BANKNIFTY was also strong then we will enter in trade.......
Indusland bank showing strong momentumView Bullish
Cup pattern formation
Rsi>70
Adx rising
Volumes are also good
Buy above 1608
indusind bank Intraday Trade setupHi Guys,
Support and resistance marked with trade line. Either side break will give some profit.
Note - Before taking any trade manage your risk as per your capital. Keep SL.
Indusind bank bullishIndusind bank is looking strong for upside. Now price is at resistance level. One can wait for breakout or retracement.
#INDUSIND is in a beautiful positon!! INDUSIND BANK is in a beautiful position!! Inside candle on 200 SMA and is approaching to 1000 soon and finally to 1034
INDUSIND BANK sell for intraday tradingINDUSIND BANK sell for intraday trading if stock break the given support level......
IndusInd BankIndusInd Bank Ltd.
Continued Reduction in Price Hitting
MultiYear Trendline (670 to 182 to 30 Days)
Bullish Sign
MultiYear Trendline (Since Jul'18) BreakOut to Be Watched
Bullish Engulfing: Monthly Basis
Ascending Triangle Pattern
Strong Vol. Consolidation: Monthly Basis
Buying > Selling
Once Broken: 5-10% Upside Possible
Short-Medium Term
Do You Own Research as Well
Happy Investing :)
INDUSIND BANK Super strong div
Bo level 820
Super duper set of numbers reported.
Bank nifty performance (tailwind)
INDUSINDIndusind made cup n handle pattern on hourly charts & trading well above the neckline with good volumes.
Could be bought with mentioned stoploss & targets.
Indusind Bank is standing at make or break level.Indusind Bank tried to slip downwards in the previous trading session but could not sustain and has developed an indecisive candle near to its trend line support after today's session.
Now it has its immediate and important support level at 789, while the major support is intact at 760.
If it manages to bounce back from the current levels, it will face a hurdle around 860-870 levels for a breakout confirmation.
We can vouch for upside levels of 895---925 in the coming weeks if it is able to respect the support levels.
This post is only for educational purposes.
INDUSIND BANK - short term tradeBuy INDUSINDBK @/above 870
Intraday/Short term Target 907
Stop Loss 863
Profit approx. 4%
Medium term Target 953
Stop Loss 838/below
Profit approx. 10%
bear trap indusind bank is a perfect example of bear trap look and the daily chart and you will see it and it's a good buy for swing trade
indusind bankcan buy puts in indusind bnk for trgt of 700 price action has indicated breakdown on both weekly and monthly timeframe
INDUSINDBANK Sell for intraday tradingINDUSINDBANK Sell for intraday trading if stock and BANKNIFTY was also weak then we will enter in trade............
IndusInd Bank bearishIndusInd Bank Ltd makes head and shoulder pattern in 1 week timeframe and today gives the the breakout.
Indusind Bank Short Indusind Bank Short, major trendline broken and head and shoulder pattern is clearly visible.
