12 Jun 2020 ● 01:52 PM
Indusind bank is gone from selling climax to buying in record volumes as it rises. Wave 5 was truncated as it did not fall below the low made in wave 3. That 5 wave decline ends wave C of a bear market. Unless something new goes wrong with the bank it is on a recovery path. The next two major swing highs ahead are at 542 and above that 835. The support is at 466 the 40dema.