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

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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/-
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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.
Nota
After getting out from this trade I see it achieving its target.
Elliott WaveindusindINDUSINDBK

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