INDUSINDBK, Learn & Earn (Sellers losing grip?) - Read full post

INDUSINDBK on daily TF is forming higher lows for past few weeks but has not been able to close above 480 (day closing).
1. If it closes above 482 (daily) then it can see upward momentum.
2. Also if it trades above 495, then good move possible for intraday opportunities.

Kindly note that I always believe "trend is friend" and never recommend trading against it. Proper stock selection involve selecting both long & short stocks so to remain prepared for trading day.

For any details, learning price action reach out.

הערה:

Updated Pattern (still waiting for trigger)

עסקה סגורה: היעד הושג:

Finally triggered today after month and gave massive move as expected.