TechieindusTrader

INDUSIND BANK BEARISH OR BULLISH ???

Long
NSE:INDUSINDBK   INDUSIND BANK LTD
1. looks bullish considering at major support level , good results , and comparativley dint fell even the sense shed 3.5% ,
2. Net Profit - QoQ Growth in quarter ended Sep 2021 is 14.21% vs 11.3% in Jun 2021 good results expected
3. 1 Day: Delivery volume increased by 25.69% over 5 day average
4. Rising Net Cash Flow and Cash from Operating activity
Company with high TTM EPS Growth
Growth in Net Profit with increasing Profit Margin (QoQ)
Increasing Revenue every Quarter for the past 4 Quarters
Increasing profits every quarter for the past 4 quarters
Book Value per share Improving for last 2 years
Companies with rising net profit margins - quarterly as well as TTM basis
Mutual Funds have increased holdings from 10.22% to 12.05% in Dec 2021 qtr.

trade as per levels ad targets go long for feb month
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like if you agree
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