Breakout from lifetime highs: Indian Bank offers derivatives upside play
“Indian Bank's chart reflects a strong bullish bias and resilience in the entire PSU banking space. It recently gave a range breakout from its all-time highs. Traders can buy for a target of Rs 980 in the next 2-3 weeks,” Shivangi Sarda, Analyst, Derivatives and Technical Research, Motilal Oswal Financial Services Ltd, said.
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