INDUSIND BANK Share Analysis
| Current Price ₹ 993 | Market Cap ₹ 76,798 Cr. | Dividend Yield 0.00 % |
| High / Low ₹ 1,120 / 310 | Book Value ₹ 440 | ROE 14.6 % |
| Stock P/E 34.0 | ROCE 8.08 % | Face Value ₹ 10.0 |
INDUSIND BANK Share is in uptrend and looking good to buy at CMP.
Buy INDUSINDBANK around Rs . 980 – 1000 for the Targets of Rs .1213 and 1337.
Stoploss Rs. 920.
Expected profit 34% | Loss 7%
Hodling period should be atleast 60 Days..
CMP- 993 | Support- 920 | Resistance- 1213| Trend UP↑
Technical Analysis
| MOVING AVERAGES | Indication |
|---|---|
| Simple Moving Average (9) | Bullish |
| Simple Moving Average (18) | Bullish |
| Simple Moving Average (25) | Bullish |
| Simple Moving Average (43) | Bullish |
| Simple Moving Average (100) | Bullish |
| Simple Moving Average (200) | Bullish |
| OSCILLATORS | Indication |
|---|---|
| Commodity Channel Index (20) | Overbought |
| Williamson%R(14) | Overbought |
| MACD(12,26,9) | Bullish |
| Relative Strength Index (14) | Bullish |
| MFI(14) | Bullish |
| Stochastic(20,3) | Overbought |
| PIVOT LEVELS | R1 | R2 | R3 | PP | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | 1,007.17 | 1,021.03 | 1,045.07 | 983.13 | 969.27 | 945.23 | 931.37 |
| Fibonacci | 997.61 | 1,006.56 | 1,021.03 | 983.13 | 968.66 | 959.71 | 945.23 |
| Camarilla | 996.77 | 1,000.25 | 1,003.72 | 983.13 | 989.83 | 986.35 | 982.88 |
| Strengths |
|---|
| Growth in Net Profit with increasing Profit Margin (QoQ) |
| Company with Zero Promoter Pledge |
| Company’s median sales growth is 22.49% of last 10 years |
| Weaknesses |
|---|
| Contingent liabilities of Rs.990168.88 Cr. |
| MFs decreased their shareholding last quarter |
| Promoter holding is low: 14.67% |
| Daily Trend – Bullish ↑ |
| Weekly Trend – Bullish ↑ |
| Monthly Trend – Bullish ↑ |
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(*Note:- The recommendation are based on technical analysis. There is a risk of loss.)
