Indusind Bank Limited - Breakout Soon

πŸ“Š Script: INDUSINDBK (INDUSIND BANK LIMITED)
πŸ“Š Nifty50 Stock: YES
πŸ“Š Sectoral Index: NIFTY BANK / NIFTY500 / NIFTY
πŸ“Š Sector: Financial Services
πŸ“Š Industry: Banks / Private Sector Bank

Key highlights: πŸ’‘βš‘

πŸ“ˆ Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
πŸ“ˆ Crossover in MACD .
πŸ“ˆ Already Crossover in Double Moving Averages.
πŸ“ˆ Volume is increasing along with price.
πŸ“ˆ Script is moving towards resistance level which is around 1240 if script is breaking its resistance level it may go up.
πŸ“ˆ Current RSI is around 73.
πŸ“ˆ One can go for Swing Trade only above 1240.

BUY ONLY ABOVE 1240

⚠️ Important: Always maintain your Risk & Reward Ratio.

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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.

Eat🍜 Sleep😴 TradingViewπŸ“ˆ Repeat πŸ”

Happy learning with trading. Cheers!πŸ₯‚
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