indusind bank sell

21 août 2022

LOGIC:
it again came below its trend line .
it means a correction till 20 emaa line is possible .
it has already shown a good upmove and a short correction should be there or profit booking .
RSI is also reversing .
VERDICT :
market may correct and so the stock can also show profit booking after bull run .
TRADE ;
if markets trade red tommorow especially bank nifty then selling below 1060 IS POSSIBLE

target can be 20 ema .