Observations: -------->>the stock is trending upwards. --------->> At previous resistance level a strong breakout with upside move is observed. --------->> If price again take support from this zone110 level, we will observe a breakout above 1220 is possible. ---------->> from here price is reversal or continue move upwards to 1260 levels. ---------->> now price is previous untested supply zone, keep watch this levels.
------------------------------------------------------------------------------------------------------------------ In my previous post i have given that this is a false breakdown look at this ,
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IINDUSINDBANK @ supply zone, if price falls below trendline and not able to breaks above supply sell target of demandzone.