INDUSINDBANK setup

INDUSINDBANK, is one of those rare stock which is making 52,weeks low in this market.



On all T/F and on all technical parameters  STOCK is placed in a very week zone.
We have medium term target objective of 1200 in coming weeks on this STOCK.


for short term  1320 is a temporary support once that breaks we should get this STOCK towards 1280 and 1240.
On TIME front to maintain the short term bearishness stock would have to print lower low below 19th,August low.

A sustained trade below 19th,August low would drag it towards 1200 and below in SEPTEMBER.

ONGC achieved another target on upside

https://ganninsides.com/2024/07/08/ongc-achieved-target/

ONGC prints 324 today and accomplished another target on upside.
Since mid june I have been bullish on this STOCK and it has done well.
still dont think upsides are done yet.
A close above 331 here could trigger another 10% upside which can take it closer to 360.
A fresh entry wont be ideal at current rates better to wait for an ideal pullback for that.

ONGC UPDATE

ONGC has been one of the strongest STOCK in whole of PSU sector baaring DEFENSE,

technicaly setup is strong and during next few days we would continue to expect further higher highs here above MAY high of 292,
Looking at its pattern placement we would prefer to buy this STOCK at CMP and on dipps till 260 for potential target objectives of 300 and 324 on cash in coming days and weeks.

ICICI BANK UPDATE

ICICIBANK possibly squared out its PRICE with TIME at its 30th,APRIL high,


this PRICE and TIME SQUARING has happened from 2023 lows  so the significance of APRIL high of 1169 is quiet massive, if STOCK sustains below this level for couple of more weeks then it could retrace its entire upmove from 2023 lows.
For near term 1100 is a key pattern support once that breaks stock should drift lower towards 1053 and 1005 on cash in next few days!