Indian Bank on daily chart stock price at Rs. 186.35
has given a breakout of ‘Head and Shoulder’ Pattern at Rs. 163 level. with
sharp increase in volumes, indicate rally would be continue for the multi month.
Trader or investor can accumulate for the target of Rs. 254 level,
with Rs. 163 stop loss on closing basis, which is also the neck line
of ‘Head and Shoulder’ pattern.
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