#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positional
INDUSIND BANK
After correcting from a recent high, the stock corrected for nearly four months
Now after 2months of consolidation, now showing an uptrend
Stock price at resistance levels which tested 3 times & trading in a range from one month
Also, RSI divergence on the chart and also Inverted H&S or Flag pattern or Double bottom can be seen on Chart
Can enter above 980 levels for a minimum target of 1000- 1100 with SL of 925
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Note:
Levels are for learning purposes only
Do your own analysis before taking trade
After correcting from a recent high, the stock corrected for nearly four months
Now after 2months of consolidation, now showing an uptrend
Stock price at resistance levels which tested 3 times & trading in a range from one month
Also, RSI divergence on the chart and also Inverted H&S or Flag pattern or Double bottom can be seen on Chart
Can enter above 980 levels for a minimum target of 1000- 1100 with SL of 925
---------------------------------------------
Note:
Levels are for learning purposes only
Do your own analysis before taking trade