2025-03-27 11:15:20 am | Source: Religare Broking Ltd
Stock of the day : Buy Indian Bank Ltd For Target Rs. 585 - Religare Broking Ltd
Indian Bank
Buy Indian Bank Ltd CMP 542.75 Range 540-543 SL 520 Target 585
* The banking space is leading from the front and Indian Bank is witnessing a catch -up move.
* After successfully retesting its strong support zone, the stock rebounded higher surpassing cluster of short to long term averages.
* It has registered a breakout from a sturdy base created from three months of tight consolidation range.
* Considering the above technical parameters, traders can go long in the given range.
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