Indusuind bank has formed a morning star on 28 Jan 2021, a doji has formed in bearish trend with above average volume. Next day a bullish candle has formed with high volume, gives confidence in morning star. Our entry would at the end of the day at 846 with stoploss at 789, Low of doji. Target would be 931 considering risk to reward ratio as 1.5.

2 Comments
  1. Suresh Surulimuthu 11 months ago

    Nice Analysis !!!

  2. Author
    Santhosh 11 months ago

    Thank you

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