INDUSIND Consolidation Breakout is likely - Watch it

26 thg 8, 2020

INDUSIND is consolidating between 480-570 levels on daily charts for the last 2 months, BANKNIFTY also looks bullish, continued momentum in BANKNIFTY and if price sustains above 570, it will easily reach 740 levels. in the last few sessions, every fall it is traded with low volume, indicating accumulation. 560-570 level is already tested, so if it breaks it can quickly jump to 700 levels.