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2026-11-09 11:20:03 am | Source: Religare Broking Ltd
Stock of the day - Indian Bank Ltd Target Rs.953 - Religare Broking Ltd
Stock of the day - Indian Bank Ltd Target Rs.953 - Religare Broking Ltd

Indian Bank Ltd

Buy Indian Bank Ltd CMP (Rs) 902 Range* 900-902 SL 875 Target 953

* INDIAN BANK has strengthened its bullish outlook following a decisive breakout above its recent consolidation and previous swing highs.

* The stock is sustaining firmly above its key short, medium and long-term EMAs, confirming improving trend strength.

* Additionally, a breakout above the descending trendline, accompanied by notable volume expansion, reinforces bullish conviction and indicates renewed buying interest.

* Traders may consider initiating fresh long positions within the recommended price range.

 

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