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IndusInd Bank: Bullish to Sideways
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By Sahil SwaroopIndusInd Bank’s daily trend is bullish to sideways. The RSI for daily is showing sideways momentum.
However, the RSI for monthly and weekly are showing bullish momentum. Based on open interest data, its maximum open interest on the PUT side is at strike 1400; and on the CALL side, it is at 1500.
We are assuming it will spend most of the time between 1380 and 1500. We are recommending a short Iron Condor strategy for taking a
. Read more on economictimes.indiatimes.comAbout this in other media
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