INDUSINDBANK A BREAKDOWN BELOW MAJOR SUPPORT WILL IT SUSTAIN ?
IndusInd Bank Ltd. is another weak and weaker chart structure with following
1. RSI on both daily and weekly slipped below 40
2. Price trading below major moving averages
3. Price closed just below major support area of 1350 levels, if it sustains below this level for few more days one can see more down side.
CAUTION : markets are volatile keep strict stop losses
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to take some position with my own Risk Reward matrix.
1. RSI on both daily and weekly slipped below 40
2. Price trading below major moving averages
3. Price closed just below major support area of 1350 levels, if it sustains below this level for few more days one can see more down side.
CAUTION : markets are volatile keep strict stop losses
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to take some position with my own Risk Reward matrix.
Trade fechado: objetivo atingido
WITH BREAKDOWN AT 1347 STOCK NOW TRADES NEAR 1017 PERFECT TIME TO BOOK AND CLOSE THE TRADE
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.