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#INDUSINDBK Stocks to Watchout

Reasons:

1. Expected CwH and Bullish Flag Breakout

2. Favorable Reward to Risk

Investing Term: Medium Term

Entry: ~1,190

SL: ~1,108 (-6.7%)

Target: ~1,585 (+33.5%)

Reward to Risk - 5:1

Important to note:

1. Accumulate desired quantities of the stock in a phased manner

2. Calculate the Risk before finalizing the quantity (Total Amt at Risk/ Difference b/w Entry and SL)

3. Look for the follow-through candles for the confirmation

4. Keep a tight SL, (The impact of the Loss-making trades must be negligible compared to Profitable trades)

5. Trailing SL at different levels could be handy.

Disclaimer: Purely for Educational and Informational Purposes.