INDIAN BANK
- Stock moving up from strong trend line support zone, this indicates stock will be favored by bulls.
- Stock is also moving up from 50 days moving average, chart indicates as long as stock holds above bulls will be favored.
- On upper side stock will find trend line resistance around 210.
- Even stock showed good volume with increasing price, this indicates bulls are currently active.
- Even stock major trend indicator "MACD" is now moving in positive zone this indicates further price rise can be seen.
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