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INDIANB

INDIANB | Positional Trade📊 DETAILS Sector: Bank - Public Mkt Cap: 59,630 cr Indian Bank is a medium-sized bank which was started in 1907. It offers deposits, loans and services. The Bank's segments include Treasury, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations. TTM PE : 8.65 (High PE) Sector PE : 13.12 Beta : 0.86 📚 INSIGHTS MC Insights PRO Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest. 4.35% away from 52 week high Underperformer - Indian Bank down by -4.16% v/s NIFTY 50 up by 3.15% in last 1 month 📈 FINANCIALS Piotroski Score of 4/9 indicates Weak Financials Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you. 🔍 More Analysis & Trade Setups 🔍 For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
NSE:INDIANBLong
by Munish_Jain
5
INDIANB Analysis & PredictionThis is the analysis of INDIANB in Weekly Time Frame. Watch carefully. The chart explains itself. There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown. Always maintain your risk management. Book your profit according to your “STOMACH”. Disclaimer: This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade. Happy trading. About INDIANB : Indian Bank engages in the provision of banking products and services. It operates through the following segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. It offers NRI-Foreign Exchange, Applications Supported by Blocked Amount for IPO, wealth management services, supreme current accounts, educational loan, centralized pension processing, interest subsidy for educational loans, and financial inclusion plan. The company was founded by V. Krishnaswamy Iyer on March 5, 1907 and is headquartered in Chennai, India.
NSE:INDIANBLong
by suraranjanganguli
Target 1 (18%) achieved in Indian Bank. Target 2 is ON...This is follow-up on Indian Bank. Can check link to related ideas. Target 1 achieved. More than 18%. Target 2 is ON. Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:INDIANBLong
by MandeepSinghKohli
13
INDIANB: Ascending triangle,Upside 15%The INDIANB price action resembles the Bank-Nifty price, In simple, the correlation of INDIANB and Bank-Nifty has a O(1). So, In the last three sessions of Bank-nifty, there is a breakout (ascending triangle) which correlates with INDIANB and signifies the movement of the stock toward the same formation of A.T What does it make sense? BankNifty is going to make an advance of 22% and Stock has a beta of 1.42 which implies that for the index next move the stock will advance at least 33%. As a result of breakout with intensive expansion further 33%, cuz Index had made a breakout before the stock. Points to be Note (Technical + Fundamental) 1. Structure- Higher-Highs formation (Ascending Triangle) 2. 1D Critical Demand Zone replusion due to Index correlation signifies fake breakout or failure of 1Week closing. 3. Market Cycle: Primary Trend with sideway distribution (1D) 4. Support: Above 50MA & 100MA 5. Resistance: Major Supply Daily & Weekly 6. Retracement Levels: 0.5 Fib ( of A.T formation) 7. Relative strength: Postive at 4H & Moderate at 1D 8. Volume: Low volumes diminishing but strong buying. 9. Beta: 1.42 aggressive 10. Weekly closing: Positive 11. Monthly closing: Negative yet, but moderate (engulfing postive candle) 1. PE: 4.5 as compared to its peer SBI having 16 2. M.Cap: lower 3. D/E Ratio: 14 Reliable in the banking sector 4. Book-Value: 0.43 Impressive and trading thrice below the B.V 5. Sales: Increased by 90% 6. Sales to OP correlation: Negative as profit is backed by other Income 7. Sales to PAT correlation: Surged by 26% YOY 8. ROCE & ROE is 5.8% vs 10.1% 9. Reserves: Increased by 80% 10. Promoter holding: they pledged the 12% YOY 11. Contingent liabilities: Extreme level That's it! IID-01
NSE:INDIANBLong
by rajveerscolia
Indian Bank - LongIndian Bank - Long Consolidation happening in the market. Slight ups and down will happen in the highlighted zone. But can buy and accumulate, considering the support level. Watch for the consolidation zone break out. Once break-out teh zone, can book the profit Invest and Trade Wisely! Good Luck! You can also see my other stock analysis and the results in my profile ideas. Please follow me , If you would like to see more ideas on winning stocks. **Disclaimer: I am NOT a SEBI registered consultant/Advisor. It is completely my view and opinion. My intention is not to provide any financial advice, training advice, or any type of advices or any recommendations on stock/Forex/Coin buying or selling. Please do your own research and consult with your financial advisor before taking any action. I am not responsible for any of your action on buying or selling or holding the above mentioned stock or/and index or/and Forex or/and coins . ***
NSE:INDIANBLong
by pmosesoliver