IndusInd Bank - Wave 5 to take it to higher levels...

If my counting is right then, IndusInd Bank is currently has completed Wave 4 and now shall start Wave 5. Looks attractive at CMP 608/- with SL of 592/- for the targets around 680/-

Trade stängt manuellt:

Comment: It made a high of 648/- i.e. more than 1:2 RR it achieved. One can move the SLs to swing lows or classic resistance and support lines and would easily get out at good profits even it retraces like this.

Kommentera:

After getting out from this trade I see it achieving its target.