GOKULAVARMA

INDUSIND BANK DESCENDING TRENDLINE-SELL

Short
GOKULAVARMA Updated   
NSE:INDUSINDBK   INDUSIND BANK LTD
HI EVERYONE!
INDUSIND BANK DESCENDING TRENDLINE 3rd Touch IN 4 HR TIME FRAME
TOMORROW Q3 RESULT
GO FOR SHORT
TARGET 1-1460.75
TARGET 2-1422.85
STOP LOSS-1538.90 ABOVE 30 MIN CLOSE
THANK YOU!
KEEP SUPPORTING!
CHEERS!
HAPPY TRADING!!
Trade closed: stop reached:
4th touch itself Trendline Breaked upside & Made this decending trendline invalid
Comment:
DESCENDING TRENDLINE FAKE BREAKOUT IN 4 HR
AFTER Q3 RESULT EVENTHOUGH RESULT POSITIVE DUE TO ESTIMATE FELLS..INDUSINDBANK WENT MORE THAN -8% DOWN
OUR TARGET REACHED
WE PREDICTED SHORT BEFORE RESULT BUT WHY I MENTIONED CLOSED BECAUSE OF DESCENDLING TRENDLINE & TREND ALSO CHANGE FROM LL TO HH
Trade closed: target reached
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