INDUSIND BANK LTD
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Breakout from an inverse head & shoulders pattern on Indusind

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On the daily timeframe, a breakout from an inverse head and shoulders pattern can be seen. RSI indicator also suggests a positive momentum which may help keep the trend positive in the near term.
A target of 1560 in the near term in achievable which is also a resistance. A stop loss of 1450 should be strictly maintained.

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