Saturday, October 31, 2020

Indusind Bank | Latest Result Performance Price Outlook


Indusind Bank Ltd.

Stock/Share Price: 586

➽ In this article we will discuss recent development in the StockShare of Indusind Bank in the Stock Market. A leading private sector bank which delivered impressive quarterly result on 30 Oct 20. We will discuss its fresh price outlook. We have discussed its fundamental in detail in the previous article. So in this article we will focus on its technical charts price outlook only.

Technical Chart 

The Indusind Bank stock is recently trading in a downtrend from the previous few trading sessions.
But it delivered an impressive result on quarterly basis and now it is expected that it would outperform Nifty as well as Banknifty too.

So long position in the stock can be created for the potential upside level of 688  in short term , 814 in mid term and 988  in the long term.

Thanks for your Precious Time.

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r- The information on this blog are based on my personal opinion and experience, it should not be considered professional financial investment advice and in no way it should be considered as a tip. We does not take any compensation of any kind whatsoever from any reader,user and company that are mention on this website.We are not SEBI registered financial advisor or analyst.

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