Have you read my previous analysis on NSE INDUSINDBK?
Click here: NSE Indusind Bank has started forming wave 5
Price had accomplished the corrective structure w-x-y, and started forming impulsive waves (5). There was a price consolidation where the price reversed its movement. Security prices were trading above 200 EMA.
I have mentioned for subscribers, “Traders can trade for the following targets: 1182 – 1199 – 1234+.” The results are in front of you. Currently, prices are moving towards the crucial level of 1234.
If the price sustains above 1234, traders can trade for the following targets: .
A price spring or failure to close above 1234 will be invalid in our setup.
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