INDUSINDBK ( F&O, Cash and Options ). This stock
has closed at 608.95 in F&O segment. Even this stock has given a clear
breakout. This breakout is clearly visible and shown in below mentioned chart;
please have a look at it for better understanding. As we have
a policy to take
every chance to trade every breakout, one can initiate a long position in this
stock for the targets of 630 and 650. A strict and closing basis Stop Loss must
be maintained at 585. Those who are not comfortable in taking position in
F&O, can very well take position with a small quantity in cash segment or
can opt for at the money options also. Please note, stocks mentioned here are
positional recommendations only. If the targets are achieved in intraday basis,
consider yourself lucky and please book full profit.
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