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Indusind Bank

Discussion in 'Technical Analysis' started by verenmitter2001, Feb 18, 2013.

  1. verenmitter2001

    verenmitter2001 Member

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    hi Shabbir
    whats your view on INDYSIND bank

    This can breakout above 445

    please suggest.

    Regards
    Veren
     
    verenmitter2001, Feb 18, 2013
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  2. shabbir

    shabbir Administrator Staff Member

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    Yes and looks really good as of now as well with a SL of 410
     
    shabbir, Feb 18, 2013
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  3. hirenrachh

    hirenrachh Member

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    for all the seniors for your opinion please

    Is indusind bank a good buy at 480 with sl 425 and tgt 545( i checked this on weekly chart)
    on daily chart it may form W break out pattern?
    Shabbir can we have your views please

    I was unable to load weekly and daily chart from my laptop as file size is large.
    regards
    Hiren
     
    hirenrachh, Mar 15, 2014
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  4. shabbir

    shabbir Administrator Staff Member

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    I will wait for next week and see if the consolidation after 2 big daily candle help stocks and if it is not fakey and feeling resistance at around 470ish range.

    So ideally let there be consolidation and then may be low of this consolidation should be used for play and W formed on daily charts is missed.
     
    shabbir, Mar 15, 2014
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