IndusInd Bank Share Price - Analysis Key Levels, Target, Stoploss
By DalalStreet Insider, March 16, 2025,
Introduction
IndusInd Bank has been in the spotlight due to its recent stock performance, with investors wondering whether to buy, sell, or hold. With a sharp decline in share price, many traders and long-term investors are looking at brokerage ratings and technical indicators to make informed decisions.
In this article, we analyze:
- Top brokerage firms' views on IndusInd Bank share price target for Monday, March 18.
- Technical outlook based on price action, moving averages, RSI, and MACD analysis.
- Key support and resistance levels that traders should watch.
IndusInd Bank Technical Analysis (1H Chart)
1. EMA Breakdown & Resistance Levels
- 200 EMA (Black) is at 937.26, far above the current price, indicating a strong bearish trend.
- 50 EMA (Blue) at 802.11 and 20 EMA (Orange) at 680.57 are acting as resistance levels.
- Price is struggling below the 20 EMA and 26 EMA, signaling continued weakness.
2. Price Action & Bearish Flag Formation
- After a massive gap-down and panic selling, price formed a small consolidation, indicating a possible bearish flag.
- If the stock fails to break above 680-685, it might continue its downward trend.
- IndusInd Bank intraday levels suggest a high probability of further downside if resistance holds.
3. RSI at Oversold Zone (21.39)
- RSI below 30 suggests the stock is oversold, but there's no strong buying pressure yet.
- If RSI starts to move above 30-35, we may see an early trend reversal.
4. MACD Bearish Crossover
- MACD is still in the negative zone, confirming bearish momentum.
- A bullish reversal would require a MACD crossover in positive territory, which is currently lacking.
- IndusInd Bank stock forecast suggests that trend reversal is possible only with a MACD shift.
5. Support & Resistance Zones
- Immediate Resistance: 680-685 (Purple Zone)
- Strong Resistance: 731.52 (Recent swing high)
- Immediate Support: 672-660 (Current consolidation)
- Major Support: 630-635 (If breakdown happens)
- IndusInd Bank trading strategy suggests keeping an eye on these crucial levels.
Conclusion & Trade Plan
- Bearish Bias: If the stock fails to break 680-685, it could continue falling towards 630-635.
- Bullish Reversal Possible: If it breaks and sustains above 685, we could see a move towards 730-750.
Ideal Trade Setup:
- Short below 672, target 660-635, SL above 685.
- Long above 685, target 730-750, SL below 670.
Frequently Asked Questions (FAQs)
Is IndusInd Bank a good buy for Monday?
IndusInd Bank’s technical indicators suggest a bearish trend. A bullish reversal is possible only if it breaks above 685.
What is IndusInd Bank’s next target price?
If the stock breaks 685, the next targets are 730-750. If it falls below 672, the next support is 630-635.
Is IndusInd Bank stock trend Bullish or Bearish?
Currently, the stock is in a bearish phase, trading below key moving averages. However, a breakout above 685 could signal an uptrend.
Follow this technical analysis for trading decisions on IndusInd Bank!
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