miraldesai

Induslnd Bank Ready To Break Out After Long Consolidation

Long
miraldesai Mis à jour   
NSE:INDUSINDBK   INDUSIND BANK LTD
Technically on the daily charts we see major support on the downside @ 829 levels, whereas minor resistance on the upside is capped around 976 level.
If breaches minor resistance on the upside and closes above it, we may see fresh breakout and Stock can Lead towards higher levels around 1047/1128 and 1184 levels in Short Term.

Next major resistance @ trend line @ 960/975 level to watch.
Stock made Double bottom on daily closing above 960/970 mark momentum can be fast on upside.

Above views For Educational Purpose Only.

Regards,
MD.
Transaction en cours:
Induslnd Bank Fut Goes Long @ 976.75
Trade fermée manuellement:
Covered Indusland BAnk Fut @ 953 ( trade closed)
Transaction en cours:
Indusland Bank Fut Goes Long @ 967
Trade fermée manuellement:
Indusland Bank Fut covered @ 957 ( trade Closed )

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.