Stock of the day : Indusind Bank Ltd by Target Rs. 950 - Religare Broking Ltd
Indusind Bank Ltd

Buy Indusind Bank Ltd CMP 890.20 Range 888-890 SL 860 Target 950
* INDUSINDBK exhibits a robust bullish configuration on the daily timeframe, marked by a decisive breakout from an extended consolidation phase.
* The stock is trading above key short- and medium-term moving averages, while volume expansion on the breakout indicates healthy institutional participation.
* Sustenance above the former consolidation zone reinforces the positive bias, suggesting scope for continued upside.
* In alignment with the prevailing trend structure, initiating long positions at current levels may be considered.
Please refer disclaimer at https://www.religareonline.com/disclaimer
SEBI Registration number is INZ00017433
