IndusInd Bank Ltd. Their is no directional clarity, price maintaining flattish move since past 8-10 weeks. Technically price presently trading with low volatility flat momentum. Fresh low below 480 may extend short term weakness more on the lower side. Fresh bullish momentum above 5MA: 520 may try to achieve 550 - 570 - 600 on the upside
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Ascending triangle pattern formed...Uptrend since April 2020 (after touching Aug 2013 supprt).. So its a clear uptrend...
Triangle formation will give 15% rise after breakout...
TP1 : 631
TP2: 696
Triangle formation will give 15% rise after breakout...
TP1 : 631
TP2: 696