INDUSIND BANK FUTURES STOCK OF THE VIEW

 

INDUSIND BANK FUTURES (1-Minute Chart) 🕰 Chart Time: Fri, 27 June 2025 at 14:35 📊 Technical Overview: Current Price: ₹865.30

Day's High: ₹886.90

Day's Low: ₹865.30

Fibonacci Levels:

0.618 Retracement: ₹861.75 (Strong Support)

0.5 Retracement: ₹866.55 (Current Price Zone)

🔍 Short-Term View (Intraday to 2 Days): 📌 Support Levels: ₹861.75 (0.618 Fib): Strong intraday support

₹857–₹860: Psychological round-level support

📌 Resistance Levels: ₹866.55: Minor intraday resistance (0.5 Fib)

₹886.90: Strong resistance (Day High & Fib 0)

🎯 Short-Term Strategy: Buy Zone: ₹861–₹864 (near 0.618 retracement)

Target 1: ₹870

Target 2: ₹880

Stop Loss: ₹858 (below 0.618 Fib)

📈 If price sustains above ₹866.55, a breakout rally toward ₹880–₹886.90 can happen.

📈 Medium-Term View (2 Days to 2 Weeks): 🟢 Bullish if: Price closes above ₹870–₹872 on hourly chart

Volumes increase during upward moves

🎯 Medium-Term Targets: Target 1: ₹885

Target 2: ₹895

Stop Loss: ₹857 (below structure & retracement zone)

💡 Consolidation between ₹860–₹870 can indicate accumulation.

🏦 Long-Term View (2 Weeks to 2 Months): 🟠 Trend Bias: Neutral to mildly bullish If price breaks ₹886.90 on a daily close, it may trigger a long-term uptrend continuation.

🎯 Long-Term Targets: Target 1: ₹910

Target 2: ₹940+

Stop Loss: ₹848 (major support on daily)

🔧 Summary Table: Term Support Resistance Target(s) Stop Loss Short Term 861 / 858 866.55 / 886.90 870 / 880 858 Medium Term 857 / 860 885 / 895 885 / 895 857 Long Term 848 / 857 910 / 940 910 / 940+ 848