This stock is forming head and shoulder pattern on weekly time frame, that can be a big bearish ahead. Right now we are at mid. Bollinger on daily chart, at 20DMA once its break and close below 20DMA then that would be a trigger point, Overall wave structure is also suggesting corrective structure ahead, after completion of impulse waves, we are in corrective...
Stock- Indusind bank
Cmp - 1039
Resistance- (1060-1070)
#fundatechnoinvest
FUNDAMENTEL HIGHLIGHTS-
-Net Income of the bank increased 11.52% QoQ & 193.82% YoY
-PE Ratio is comparable to Industry leaders.
PB ratio is much less than other its peers, which makes it attractive for investment.
-CASA % decreased to 40.37 from 43.14, which is comparable to other banks...
