Axis Securities recommends accumulating IndusInd Bank on dips after breakout
“IndusInd Bank stock is showing a favorable technical setup with positive momentum building after a prolonged consolidation phase. The chart indicates a rounding bottom pattern. Traders can buy for a target of Rs 960-990 in the next 1-2 months,” Rajesh Palviya, SVP - Research, Axis Securities, said.
READ MORE:
Other Stocks Videos
SEBI unveils Pilot DLT tokenisation project as risk evaluation process continues
Up to Rs 25 petrol, diesel hike? Oil firms still bleeding Rs 1,380 crore daily
Trendline Breakout Points to Bullish Reversal in Deepak Nitrite
Reliance Industries Q4 Results: Profit falls 13% YoY as energy margins weaken; Jio and retail shine
Infosys Q4 Results: Cons profit jumps 21% YoY to Rs 8,501 cr; targets 20,000 fresher hires in FY27