Indian Bank for May 2024

As per weekly chart setup,

1. MACD reversal seen in uptreding.

2. RSI is above 60 is Bullish.

3. Bank Nifty above all time high.

4. Weekly close given by the stock aabove 555.

So, one can long for 600 and 650 targets in May series.
Technical IndicatorsTrend Analysis

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