INDIANB LONG Look at the beautiful channel pattern now can enter at small stop loss book your profit when upper resistance, trial your stop loss when resistance breakout
Key stats
Market capitalization
335.646BINR
Dividends yield (FY)
2.41%
Price to earnings Ratio (TTM)
6.80
Basic EPS (TTM)
40.75INR
About INDIAN BANK
ISIN
INE562A01011
Sector
Finance
Industry
Major Banks
Website
indianbank.in
CEO
Shanti Lal Jain
Headquarters
Chennai
Employees
39.734K
Founded
1907
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.
Indian BankINDIANB:- Rounding pattern is formed and stock is moving in a small range from last 2 months, if it crosses 310 level then we may see upside movement, keep your eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest det
INDIAN BANK - Bullish pennant on Daily Chart.Keep an eye on Indian Bank for Bullish Pennant Breakout.
Invalidated if no Breakout.
Indian Bank C&H BreakoutBeautiful Cup & handle Pattern and breakout in Indian Bank. Entry near 195 (Retest Zone) and fist target comes to 292. The stock is had also started making HH-HL formation. SL - Weekly Closing below 173. Favorable RR.
INDIANB - Ichimoku Bullish Breakout Stock Name - Indian Bank
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 276
#This is not Buy a
Indian Bank _ Bullish breakoutIndian Bank Analysis
Fundamentals : Strong, FIIs and DIIs holding increased in recent quarter, backed by Bullish PSU Sector
Technicals : Broken declining trendline and on the verge of inclined wedge breakout
R 1: 270
R 2: 300
R 3: 360
S : 200
YR 2022 Idea #164: Long on INDIANBThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At
Indian Bank, a strong PSU with 3x potentialIndian Bank is currently trading at half of its Book Value of 360 and at a P/E of 5.85.
it has recently brokeout after formation of Inverse Head and Shoulder pattern and once achieving its targets it will reach its old resistance that forms the CUP with a depth of over 371 points (2x its existing p
Indian bank, Strong Banking PSULook at INDIAN BANK, giving a strong momentum after recent breakout after formation on inverse Head and Shoulder.
This is my very first post here, i am open to learn if I am not doing it right. Show some support.
Indian Bank-Long~Indian Bank has made inverted Head And Shoulder pattern on weekly chart.
~Recently it has retested to resistance line.
See all ideas
Income Statement
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