Recommended stocks on – 19.08.2024
INDUSIND BANK -
Ø Buy price : 1350
Ø Strong Support : 1323
Ø Resistance price : 1367 – 1373 – 1380 – 1393 - 1400
Reasons for Buy Recommended –
The bank continues to invest in digital banking, which could drive operational efficiency and customer acquisition in the long term.
The stock is currently trading at an attractive valuation, with a Price-to-Book ratio lower than some of its peers, making it appealing for investors.
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