---

#INDIANB MEDIUM TERM VIEW

Indian Bank, which made a lifetime high of Rs 428 on 17 Nov 2017, and amalgamated Allahabad Bank with itself, has notched FY21 EPS of Rs 27, which may rise to Rs 30+ in FY22.

- The stock is trading in a range

- We can see the Stock Accumulation at the Demand Zone.

- Trading at 50EMA in Daily TF with 38.20% FIB Retracement.

- Keep adding on Dips.

BUY @ CMP & KEEP ADDING ON DIPS

SL 122

TARGETS 155 | 200 | 240 ++