INDIAN BANK
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BIG Trend reversal in Indian Bank

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The stock is on verge of multi year BO and gave highest close after 2019. The stock is witnessing continuous series of higher high volumes from last 5 weeks. The stock has one of the most bullish charts among peer group stocks ( Union Bank , IOB, Bank of India). Since big PSU bank like SBI , BOB , CANBK have already entered into big bullish phase , small PSU banks may also get sentimental push. It must be noted that SBI gave lifetime high close on weekly charts yesterday.

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