atulastra

Indian Bank

Long
atulastra Updated   
NSE:INDIANB   INDIAN BANK
1
Indian Bank is of the bright spots in PSU banking space. The stock have shown significant improvement in profitability and control of bad debt, richly rewarded by the stock market by market cap almost tripling in 6 months. I expect the stock to continue the dream run going ahead. Upcoming results will be the next set of results.

Technically, 230 and 248 is a good resistance and support base is at 210, 198, 185.

Disc: I hold investment position at various prices.
Trade active:
Target 1 achieved lets wait and watch for the next level
Trade closed: target reached

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