Long

In last session, #IndusIndBk was seeing nice buying interest in a falling market. This could be short covering too. On weekly candle it has formed a Doji. Is a good short covering candidate with target of 1206/1220/1240/1260. Weekly volumes are 2nd highest in last 4 years and double of the 20EMA volume. Possibly stock has made a near term bottom and may recover a bit before resuming its downtrend. A good buying candidate with protection. #Positional #long #Hedging

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