Markets opened cautiously today with Indian equities trading range-bound after the holiday, while Wall Street rebounded on semiconductor strength and banks led gains. Asian indices showed mixed sentiment, reflecting global uncertainty around trade and foreign fund flows. In this environment, Indusind Bank stands out after breaking past key resistance at ₹900, now trading near ₹944 with upside potential toward ₹1,000-1,010 supported by strong momentum and a solid support zone at ₹890-900. For U.S. names, Apple, Microsoft, and Tesla are slightly softer, but their pullbacks look more like consolidation than weakness, offering tactical buy-on-dip opportunities.
My trade idea this week is to accumulate Indusind Bank for a short-term breakout play while keeping an eye on U.S. tech for opportunistic entries, balancing regional momentum with global resilience.
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