INDUSIND BANK LTD

INDUSIND BANK

Hello and welcome to this analysis

Bank appears to be in a lower time frame triangle suggesting the probability of a potential breakout.

Off late has been an underperformer compared to other large private banks in the recent run in the banking sector.

Extreme narrow range 1480-1540, broader range 1350-1775

Good opportunity to buy the dip and / or the breakout for probable decent upside in the medium to long term.

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