R M's Stock Idea
R M is Bearish on IndusInd Bank Ltd.
Idea Submitted on 06Nov,2018
  • 5 Total Ideas
  • 0 Active Ideas
  • 5 Closed Ideas
  • 0 Friends
  • 1 Followers
  • Avg. Returns
     -3.24%
    Rank
    138
    Success Rate
      40%
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      Sell Indusind Bank Idea
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      Idea Status :  Closed
    Stop Loss Triggered
    Idea Closed at 1533 (19Nov,18 02:56:pm)
     Time Frame
    1month
     Start Price
    1457
     Target Price
    1300
     Stop Loss
    1533
     Projected Gain
    157 (10.78% Upside)
     Returns Achieved
    -76     -5.22%
     Analysis
    While Indusind has been sold off today based on news of IL&FS exposure, feel that has opened a chink in its armour.,.. added to fundamental, technical view is.. major support for the stock is at 1444..(9d average in daily charts and last weeks low and open levels respectively), the target in case of a break comes at 1300..
     Stock Price Movement (EOD Basis)
     C.M.P Indusind Bank
    880.65
    Sentimeter
    Buy Calls: 29 Sell Calls: 11
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