Jitendra Panda of Capital First Securities told CNBC-TV18, "IndusInd Bank was gaining momentum before the fall and now most of the things are resolved. It is trading today above Rs 430 and that is a crucial level technically and so it should go back to the Rs 455-480 levels."
"So buy IndusInd Bank with a target of around Rs 455 and keep the stoploss at around Rs 430," he said. Disclosure: We have recommended it to our clients also and they have positions.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
