Indian Bank - Bullish Structure

Indian Bank looks in good shape. It looks like forming a Cup with Handle pattern on weekly chart and volume spurts are supporting at moment.

My setup would be like -
  • Entry - CMP
  • SL - 10% approx.
  • Target - 15-20% approx.
  • Timeframe - 3-4 months max.


Note:
Please note, I am not a SEBI registered and this study is not a TIPS. Please consult your financial advisor before actual trading.
indianbankTrend Analysis

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