Strike Analytics

Indusind Bank

12 Jun 202001:52 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.

indusind 120620

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