IndusInd bank | Resistance breakout | Uptrend |Wait for breakout
The stock is continuously riding the uptrend in a parallel channel in daily as well as weekly time frame.
Currently the price has touched its multiple time resistance. And now it's into watchlist whether it will form a consolidation phase and then breakout or directly breakout.
Entry - Above 975+ with above average volume.
Target are explained in the chart itself.
Analysis done is for educational purpose only. And it's not any sort of recommendation
Currently the price has touched its multiple time resistance. And now it's into watchlist whether it will form a consolidation phase and then breakout or directly breakout.
Entry - Above 975+ with above average volume.
Target are explained in the chart itself.
Analysis done is for educational purpose only. And it's not any sort of recommendation
