champtrade111

INDUSIND BANK - POSITIONAL

Long
NSE:INDUSINDBK   INDUSIND BANK LTD
INDUSIND BANK -- WEEKLY CHART .

1. Trendline Breakout seen on weekly chart with strong bullish weekly candle
2. Double bottom support seen on chart before breakout
3. stock currently trading at 985 , at 995 level short term resistance above 1000 bullish .
4. wait for bullish crossover at 0 line likely happn soon above 1000 level
5 RSI Daily at above 60 strong bullish
6. MACD above signal and center line


BUY INDUSIND BANK above 1000

TARGET 1100-1250

STOP LOSS 790

** THIS IDEA IS FOR EDUCATIONAL PURPOSE ** trade at own risk ** comment for or agianst idea welcome

** HAPPY TRADING !

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