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2026-01-02 10:38:28 am | Source: Religare Broking Ltd
Stock of the day : Indusind Bank Ltd by Target Rs. 950 - Religare Broking Ltd
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.

 

 

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