R M's Stock Idea
R M is Bearish on IndusInd Bank Ltd.
Idea Submitted on 06Nov,2018
  • 5 Total Ideas
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  • 5 Closed Ideas
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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
     Start Price
     Target Price
     Stop Loss
     Projected Gain
    157 (10.78% Upside)
     Returns Achieved
    -76     -5.22%
    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
    Buy Calls: 29 Sell Calls: 11
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