Hello and welcome to this analysis

India's large private bank has been in a sideways trend for over 2 years now.

It appears that this sideways trend could continue further until it breaks above 1850 on the upside or 1750 on the downside.

The Relative Strength of the stock with its parent index Bank Nifty and with Nifty is not showing any signal as of now for any outperformance.

Happy Investing

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