Tuesday, March 16, 2010

Buy IndusIndustrial Bank for target of 170 and 180

IndusIndustrial Bank is on a long term uptrend. Its been rising stedily upwards with the trend-line. Both short-term and long term investors can make entries in it.

On the ADX charts the ADX hasmoved above 20 to 25.
The MACD line has also crossed over the MACD signal line.

Disclosure: I hold the stock in  my portfolio.

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