INDUSIND BANK FUTURES
Long

INDUSINDBK 1 Week Time Frame

12
Key Technical Indicators:
Oscillators: Neutral
Moving Averages: Strong Buy
Overall Technical Rating: Neutral

Support and Resistance Levels:
Weekly Pivot Points:
Support: 739.63
Resistance: 766.72

Additional Insights:
Relative Strength Index (RSI): The 14-day RSI is at 70.368, suggesting the stock is approaching overbought conditions, which may indicate a potential pullback
Moving Averages: The 5-day moving average is 755.54, and the 50-day moving average is 744.63, both indicating a bullish trend

Conclusion:
While the overall technical rating is neutral, the price action above the weekly pivot point and the bullish moving averages suggest a potential for upward movement. However, the elevated RSI indicates caution, as the stock may be due for a correction. Traders should monitor these levels closely and consider the broader market conditions before making trading decisions.

Wyłączenie odpowiedzialności

Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.