INDBANK analysis!
The stock initially formed a head and shoulders pattern following a bullish trend. Typically, at the right shoulder, the price was expected to decline. However, instead of forming the right shoulder, the price broke upward and moved aggressively higher. This sudden upward movement indicated a strong demand zone. The price then pulled back to this demand zone, successfully showing a reversal, confirming the bullish trend. Overall, the chart looks promising for a swing trade.
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