IndusInd Bank – Long-Term Recovery Inside a Massive TriangleIndusInd Bank Ltd.NSE:INDUSINDBKyatharthshah23IndusInd Bank appears to be forming a long-term Symmetrical Triangle pattern, with price currently rebounding from the rising support trendline. After the sharp correction from previous highs, the stock has started showing signs of stabilization near the lower boundary of the broader structure. Interestingly, the recent monthly candle formation resembles a Bullish Harami, indicating that selling pressure may be gradually exhausting and buyers are attempting to regain control. Technical Observations: 🔹 Price is trading near the lower boundary of a multi-year triangle pattern 🔹 Rising support trendline continues to hold 🔹 Recent monthly candles suggest a Bullish Harami reversal setup 🔹 Historical support zones have triggered strong recoveries in the past 🔹 Risk-reward appears favorable near structural support Potential Upside Zones: ✅ Target 1: ₹1,050–₹1,100 ✅ Target 2: ₹1,240–₹1,280 Key Support: 🛑 Support Zone: ₹880–₹900 A sustained move above the immediate resistance levels could confirm a medium-term reversal and open the path toward the upper boundaries of the triangle. Disclaimer: This analysis is shared solely for educational purposes and does not constitute investment advice. Please do your own research and maintain proper risk management.