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Indusind Bank Trending Up in Channel

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INDUSIND BANK LTD (NSE:INDUSINDBK)  
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NSE:INDUSINDBK   INDUSIND BANK LTD
indusind BANKNIFTY
15
5
indusind banknifty
It is been observed on the hourly chart that the price action is trending in upward channel indicating a further move up to the previous resistance levels of 1112-1120.

Target: 1108
Stoploss: 1060
Risk Reward 1:1
Dagangan aktif
Dagangan aktif
Komen:
It did reach the target but with a shocking downward move. Regards
Dagangan ditutup: sasaran tercapai:
Target reached successfully, as marked. Regards
Komen:
Real TIme: Formation of Pennant Continuation Pattern.

snapshot

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