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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
