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INDUSIND BANK Share Analysis | Know Buy/Sell and Targets Levels

INDUSIND BANK Share Analysis

Current Price ₹ 993Market Cap ₹ 76,798 Cr.Dividend Yield 0.00 %
High / Low ₹ 1,120 / 310Book Value ₹ 440ROE 14.6 %
Stock P/E 34.0ROCE 8.08 %Face Value ₹ 10.0
INDUSIND BANK Share Analysis

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 AVERAGESIndication
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
OSCILLATORSIndication
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 LEVELSR1R2R3PPS1S2S3
Classic1,007.171,021.031,045.07983.13969.27945.23931.37
Fibonacci997.611,006.561,021.03983.13968.66959.71945.23
Camarilla996.771,000.251,003.72983.13989.83986.35982.88
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.)

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