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Stock Radar: 50% rally in 3 months! This PSU bank is likely to hit fresh record high; time to buy or book profits?
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Indian Bank, part of the PSU banking basket, has rallied by about 50% in the last three months, pushing the stock to a fresh 52-week high and the chart structure suggests that the rally may not be over yet.The stock rose from Rs 281 as of June 21, 2023, to Rs 427.95, which is also the 52-week high recorded on September 21, 2023, translating into an upside of about 50%.
This also The stock closed at Rs 404 on September 21, 2023, an upside of
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