As per Technical Analysis NSE:INDUSINDBK Mention Stock Looks Bearish if its break 1465-1460 then probably we can see 1430,1415 level Respectively.
if any one ready to take risk then he can buy NSE:INDUSINDBK 1440 PE 28th December Near 18-19, Sl 13, Target 26,29, and 33
Investment Required- 9000
Maximum Loss - 2500
Profit Upto - 7500
Time Frame- 4-5...
TECHNICAL INDICATORS :
ASCENDING TRIANGLE BREAKOUT -
The stock has broken out of the this pattern on weekly chart
REVERSAL FROM 50D, 100D, 200D SMA -
The stock has also reversed from all the 3 sma simultaneously indicating very strong upside pressure building up
REVERSAL FROM STRONG SUPPORT-RESISTANCE ZONE -
On top of that the stock has also...
Stocks trading near their 2 Day high as well as Bullish Derivation with rising volumes and closing strong , indicating a possible breakout
I am not SEBI register Advisor and I am not any trade and tips recommend here, This Idea post on this Channel Only for educational knowledge & learning purpose, I am not provide any trading tips, Before any Trade Advice your...
INDUSIND BANK LTD
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakdown of Uptrend Channel Pattern .
✅ Strong bearish Candlestick Form on this timeframe.
✅It can give movement up to the Breakdown target of 1369-.
✅Can Go short in this stock by placing a stop loss above 1443+.
As per my analysis NSE:INDUSINDBK has more potential for upside. Fresh entry level could be 1440 with stop loss of 1412 (-28 points risk). We can expect upside targets of 1463 (+23), 1481 (+41), 1490 (+50) & 1501 (+61). It could be low risk and high reward idea..
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
INDUSINDBK testing ~1425.00 level multiple times in today's session
We can go short if price breaks 1424.00 level
1st target - 1416.60
2nd target - 1406.60
Please do your own analysis before trading or investing
Happy Trading
Cheers :)
Elliott Wave Analysis:-
View 1:-
Triangle was formed and breakout happened and waiting for the retracement.
Once retracement took place we can enter into the trade with safe trade setup with Stop loss @ 1396 .
target 1:-1500
target2:-1575
View 2:-
There is a Flat formation in 4the Wave. expanding flat is getting into picture. Wave B crossed wave A...
NSE:INDUSINDBK
NSE:INDUSINDBK1!
BSE:INDUSINDBK
According to wave count, IndusInd Bank is expected to see a small correction before an upside move.
This information is for educational purposes only.
the stock is trendnig upwards...
previously a strongfall is observed from the zone 1450.
previous resistance is broken @1270 zone and retested and moves up..
now price enters in to the weekly resistance zone...
keep safe...
No big obstacles ahead just need to cross the previous high to go to the moon. remember good trades don't need big sl's. one can hold it for long term also.
