INDIANB Bullish above – 106 TGT – 136 SL – 86

[Pradeep Nadarajan]

As per Dow theory higher bottom and higher top sequence is formed in Indian bank chart with more volume. Hence bullish behavior is expected in Indian bank.

Trade Plan:

Symbol : INDIANB

Direction: Long

Entry : 106 Rs

Stop Loss : 86 Rs

Target : 136 Rs

[Ajai Kamath]

Good work sir. A small suggestion, first safest TARGET should be 120 (ENTRY + (ENTRY – STOPLOSS))

[Pradeep Nadarajan]

Thanks Ajai.

[Author]

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