JAGMOHANSHARMA

INDBANK MERCHANT

Long
NSE:INDBANK   INDBANK MERCH BANK
INDBANK MERCH
CMP : 56
Best : 52-53
Support : 46
Seems like falling wedges breakout on daily TF.
RSI at 63, indicates strength.
Volumes spiked up.
Stocks closes above 10, 21, 40 DEMA.

No buy / Sell Reco.

Please do your own analysis or consult your advisor.

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