Is INDUSIND BANK in uptrend or downtrend?

In the short term price movements in INDUSINDBK share indicates the market is Sideways. However, the bulls are trying to absorb supply to take control.

What is INDUSIND BANK share price forecast for tomorrow?

In IndusInd Bank Limited stock current resistance level is at 867 and support level is at 800. Though market is closer to support level there are good chances till these ranges are broken, market would stay Sideways.

What are INDUSIND BANK support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For IndusInd Bank Limited in the short-term, the supply zone around 867 and 870. Hence, good chances of resistance around 870. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for IndusInd Bank Limited share is around 800 and 800. Hence, good chances for support around 800.

Why is INDUSIND BANK share price falling today?

Perhaps INDUSINDBK stock is just having volatility. It can be viewed as an opportunity, unless overall long term trend and mid term trend is Bearish.

INDUSIND BANK Share Price | Forecast Analysis

Analyzing Market Data