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Stock of the day : Indusind Bank Ltd For Target Rs. 74 - Religare Broking
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Indusind Bank Ltd
* We are seeing consistent buying in the banking space and Indusind bank is trading in sync.
* It has witnessed a breakout from brief consolidation with noticeable volumes, offering fresh buying opportunity.
* Stock inching higher taking support at its short term moving average i.e 10 DEMA signifies momentum in place.
* We thus recommend creating longs through the Call option
BUY JAN 1600 CE Indusind Bank Ltd CMP 51.90; Range 50-53; SL 42; Target 74
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SEBI Registration number is INZ000174330
