Buy IndusInd Bank, target Rs 1,645: YES Securities
Buy IndusInd Bank at a price target of Rs 1,645 and a stop loss at Rs 1,510.
By ETMarkets.com | Updated:
ThinkStock Photos
YES Securities has a buy call on IndusInd Bank with a target price of Rs 1,645.
The current market price of IndusInd Bank is Rs 1,558.35.
Time period given by the brokerage is two weeks when IndusInd Bank price can reach the defined target.
YES Securities recommended keeping a stop loss at Rs 1,510.
"The stock has seen a breakout from a falling channel pattern indicating bullishness dominant currently," the brokerage said.
IndusInd Bank, incorporated in the year 1994, is a banking company (having a market cap of Rs 92,536.06 crore).
The current market price of IndusInd Bank is Rs 1,558.35.
Time period given by the brokerage is two weeks when IndusInd Bank price can reach the defined target.
YES Securities recommended keeping a stop loss at Rs 1,510.
"The stock has seen a breakout from a falling channel pattern indicating bullishness dominant currently," the brokerage said.
IndusInd Bank, incorporated in the year 1994, is a banking company (having a market cap of Rs 92,536.06 crore).
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
Related Articles
IndusInd Bank share price target: Should you buy, hold or sell after earnings miss? Here’s what brokerages recommendADVERTISEMENT
