“The stock in this quarter posted a strong Bullish candlestick bar with a golden crossover of long-term moving averages (50,100 & 200) on daily charts. Price target projected for this pattern is placed at Rs 345 levels & a move below 120 levels on a closing basis would negate the same,” recommends Deodhar.
Indian Bank raises deposit rates by 15 basis points
Indian Bank managing director Binod Kumar had said earlier that the bank does not have surplus liquidity as it shed Rs 10,000 crore of bulk