BIG Trend reversal in Indian Bank

22 במאי 2021

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.