Buy IndusInd Bank on dips, says Sameet Chavan

Sameet Chavan, Technical Analyst at Angel Broking told CNBC-TV18, "From the private banking space, we have been upbeat on IndusInd Bank since the last couple of weeks. The chart structure still looks good. After four days of consolidation, it has given a breakout beyond Rs 925-930. Momentum is clearly on the upside.""The stop loss can be Rs 907 and we have a target of Rs 978. So, it can be bought on any minor intraday dip probably towards Rs 930-932," he said.