INDUSIND BANK : BEARISH THREE OUTSIDE DOWN…This is a confirmed Bearish Engulfing pattern which suggest there could be further weakness with technical levels also being broken.

INDUSIND BANK

Last close 1910.75

BEARISH THREE OUTSIDE DOWN…..This is a confirmed Bearish Engulfing pattern which suggest there could be further weakness with technical levels also being broken. Stock is set for an opening bell sell off..!!! Go short keeping stop loss of Rs.1939. We will see sell off upto Rs.1889, break will take this to Rs.1871 mark..!!!