Indus Ind Bank : +38% Upside Potential

15 Dec 2022 Indus Ind Bank

Summary :
• Stock Breakout (15 Dec 2022)
* Low Volume
• Base of 3 months
• Cup & Handle Pattern
• Potential of +8% to +38%


Conclusion:
• CMP 1270
• Long positions can be initiated
• Stop Below 1110
• Higher targets could be around
o Short Term – 1373/1440
o Mid to Long Term – 1589/1660/1720

Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.

"Always Respect Risk"

Happy Trading
Jai Hind Jai Bharat