Stock in Downtrend: IndusInd Bank
IndusInd Bank is trading near the important support level of 1348.
RSI is just over 30
20 EMA is just falling below 50 EMA, indicating a weakness in the stock price.
If the current support level of 1348 levels is broken on the weekly chart, we can expect a further fall in the price.
Next Support levels: 1287, 1246, 1183
RSI is just over 30
20 EMA is just falling below 50 EMA, indicating a weakness in the stock price.
If the current support level of 1348 levels is broken on the weekly chart, we can expect a further fall in the price.
Next Support levels: 1287, 1246, 1183
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