IndusInd Bank – Weekly Chart Analysis
📈 Trend: Bullish
The stock is forming a strong Higher High (HH) and Higher Low (HL) structure.
Price is trading above the Supertrend, indicating bullish momentum.
🔑 Key Levels
Current Price: ₹1,067
Immediate Support: ₹1,000–1,020
Major Support: ₹900–930
Immediate Resistance: ₹1,100
Major Resistance: ₹1,250–1,300
📊 Technical Outlook
The weekly trend remains positive.
As long as the stock holds above ₹1,000, the bullish structure remains intact.
A weekly breakout above ₹1,100 could open the door for a move toward ₹1,250–1,300.
🎯 Trading Plan
Buy on Dip: ₹1,000–1,020 (after bullish confirmation)
Breakout Buy: Above ₹1,100 with strong volume
Stop Loss: Below ₹980 (weekly closing basis)
Overall View:
IndusInd Bank is in a strong bullish trend. As long as it stays above ₹1,000, the probability of further upside remains favorable.
📈 Trend: Bullish
The stock is forming a strong Higher High (HH) and Higher Low (HL) structure.
Price is trading above the Supertrend, indicating bullish momentum.
🔑 Key Levels
Current Price: ₹1,067
Immediate Support: ₹1,000–1,020
Major Support: ₹900–930
Immediate Resistance: ₹1,100
Major Resistance: ₹1,250–1,300
📊 Technical Outlook
The weekly trend remains positive.
As long as the stock holds above ₹1,000, the bullish structure remains intact.
A weekly breakout above ₹1,100 could open the door for a move toward ₹1,250–1,300.
🎯 Trading Plan
Buy on Dip: ₹1,000–1,020 (after bullish confirmation)
Breakout Buy: Above ₹1,100 with strong volume
Stop Loss: Below ₹980 (weekly closing basis)
Overall View:
IndusInd Bank is in a strong bullish trend. As long as it stays above ₹1,000, the probability of further upside remains favorable.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.