INDIAN BANK multiyear breakout attempt

Indian Bank attempted the multiyear breakout at the level of 430-390. At this level indian bank attempted a breakout on monthly chart and than comes in a consolidation. Formed Doji & Shooting Star which symbols a consolidation within a range.

Further stock needs to give breakout and close above the previous two months levels i.e 460.

Volume spark and than consolidation while being in a up trend shows a slow accumulation in a stock.

Re-Test level is 380-390
Chart Patternsconsolidation-breakoutindianbankindianbanklongTechnical IndicatorsinvestinginvestmentlongsetupnseindiaStocksTrend Analysis

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