ROUNDING BOTTOM BEING FORMED IN INDUSINDBANK ON DTF

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Indusind Bank has been trending within a Parallel Channel right from June 2022 and taking support on the Bottom trendline multiple times.
The Zone between 1560-1580 has been acting as a Resistance Zone from February 24. In the near term we can see that a Rounding Bottom is being formed. Entry can be taken above 1460 for a near Term Target of 1550.
Do your due diligence before taking the trade.
Ordre annulé
Chart Patternsparallelchannelsroundingbottomsupportandresistancezones

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