#indianbank Range BOindianbank is range breakout showing buying level i marked if your study permit then you buy
INDIANB trade ideas
Indian BankTarget mentioned in chart - SL 380
FUNDAMENTALS
Market Cap
₹ 52,751 Cr.
Current Price
₹ 424
High / Low
₹ 446 / 188
Stock P/E
8.63
Book Value
₹ 398
Dividend Yield
2.03 %
ROCE
4.55 %
ROE
11.8 %
Face Value
₹ 10.0
Promoter holding
79.9 %
EPS last year
₹ 44.7
EPS latest quarter
₹ 14.8
Debt
₹ 6,43,216 Cr.
Pledged percentage
0.00 %
Net CF
₹ -29,751 Cr.
Price to Cash Flow
-1.89
Free Cash Flow
₹ -28,208 Cr.
Debt to equity
13.0
OPM last year
52.0 %
OPM 5Year
52.7 %
Reserves
₹ 48,261 Cr.
Price to book value
1.07
Int Coverage
1.27
PEG Ratio
0.26
Price to Sales
1.10
Sales growth 3Years
28.1 %
Profit Var 3Yrs
86.4 %
🇮🇳INDIAN BANK BREAKING ABOVE RESISTANCE AND BULL FLAGFor more updates, please follow my TradingView page, and if you find the content useful, kindly hit the "thumbs up" button to show your support. If you have any queries regarding trading, please feel free to send me a direct message on TradingView. Additionally, please share this content with your friends who may find it beneficial.
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#Indianbank #C&H #FIBO #EW Indian Bank 1W: This one is going to do good in coming few days. It is getting ready as awaiting a Cup&Handle pattern breakout on weekly TF. Recent long consolidation cum correction lasted only till 0.38% & that is good. Oscillators are gaining strength too. EW will also trigger able 182. Dont rush but slowly add till 155 SL 150 and I see 225 - 240. Cross above 240 review due for Tgt 280. Keep eyes.
Triangle in Elliott wave theory Indian bankElliott wave theory is itself is a complete technical analysis which shows the naked price action.
In the Indian Bank chart, the triangle is forming. As we discussed in our previous analysis (attached in link to related ideas), the triangle can burst in any direction.
Only two possibilities occur in Indian Bank,
1. If an Indian Bank crosses 162, it can go to 205.
2. If Indian Bank breaks 140, it can easily go to 114.
In both cases, more than 20% of the move is a sure-shot clear move.
Happy trading.
INDIANBANK - Supply Breakout + UptrendStock is in uptrend and breaking the supply for second time, the stock breakedout ascending triangle previously, which gave huge upsurge to price, in the last session of the market price successfully closed above the supply zone, we've marked a minor resistance as breakout level.
Moving up inside expanding channelIndian bank is steadily moving up inside the expanding channel - monthly TF...if it completes the move, which could take time, it will be a 160% move..for the near term targets are marked..247 ( which i have not marked, but is a target), 298, 422...let us see how it pans out. This is not a recommendation to buy.
