IndusInd Bank moving averages are in a mood for positive crossover on monthly charts.
Monthly chart may have an golden crossover in coming few months
Target of 1500 - 1600.
Wait for at least 13-50 crossover to complete before entering the stock.
Trading at strong support, below its Offer for sale price.
Govt. is fully committed to spend big chunk of money into infra sector.
Company could announce bonus in next meeting.
Company has good order book.
Price got down only due to govt. stake sell at discount price.