TOP DOWN APPROACH: Market : NIFTY is Bullish Sector : BANKNIFTY Stocks: INDUSIND BANK Rationale : Major Breakout of the resistance zone and Bank nifty been a super bullish . This stock has higher probability to move their prices to higher zone level of Rs 1400-1500 in coming days.
RISK REWARD IS SEEN FAVORABLE HERE. ONE CAN HOLD POSITIONAL TRADE WITH STOP LOSS OF 787
MOMENTUM UPWARD SEEN .WATCHOUT FOR MORE ACTION