Stock analysis Indian Bank INDIANB
Recent prices of INDIANB Indian Bank are as follows: Daily volume is divided by 10 day averaged volume
Technical analysis forecast of Indian Bank Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Indian Bank INDIANB at this time. Stock is rising and might rise more.
It appears as if Indian Bank INDIANB gave a large move recently.
Stock of Indian Bank (INDIANB) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!
My analysis of Indian Bank is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Indian Bank stays above 430.6, but if it comes below 430.6, then a intra day sell could be more profitable.
If you take a sell trade below 430.6, then use 430.6 as stoploss and 413.37 as target. However if you take a buy trade in Indian Bank, then use 430.6 as stoploss and 451.3 as target.