Indianbank-139.3

Indian bank- CMP139.3, Results are very good. yesterday after announcement of results it went up little and closed around 1% up with huge volumes and settled lower due to general weakness in market. Technically also it made a cup and handle pattern. Handle if in formation and handle formation will be completed soon and will break out. It can be taken for long with a sl of 115 for a tar of 146.4, 156, 167, 186, 200, 255, 286. This is only for educational purpose and investment shall be done based on the advice of financial adviser.