INUDUSIND BANK: Roadmap to full recovery by 2024
During the 2007-2009 recession, INDUSIND BANK lost stock price lost 80% of its value.
Currently, the share is down 88% from its ALL-TIME HIGHS.
Things will get a little bad for both the economy and the stock market before they start getting better. But, we shouldn't overlook the highly oversold banking stocks.
Create a plan to add small chunks of banking stocks such as INDUSIND BANK in your portfolio over the next 8 to 14 months.
I have already bought INDUSIND bank at 295 two weeks ago and my plan is to keep buying the dips and hold for the next 5-6 years.
200-320 is a Buy zone for Indusind Bank with a target of 2000 by 2024.
Currently, the share is down 88% from its ALL-TIME HIGHS.
Things will get a little bad for both the economy and the stock market before they start getting better. But, we shouldn't overlook the highly oversold banking stocks.
Create a plan to add small chunks of banking stocks such as INDUSIND BANK in your portfolio over the next 8 to 14 months.
I have already bought INDUSIND bank at 295 two weeks ago and my plan is to keep buying the dips and hold for the next 5-6 years.
200-320 is a Buy zone for Indusind Bank with a target of 2000 by 2024.
Comment:
IndusInd Bank share price is up more than 30% from my buy area