Indian Bank - Bullish ascending channel

Scrip can show uptrend towards resistance near lower ascending trendline (support)
TP long till 365
Support = As shown in chart

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Scrip appears good to go towards TP long
Will be booking partial profit if it shows resistance and retrace again from levels shown in chart (Double bottom formation also in play)

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Scrip is on the verge of breakout or breakdown

False pattern can make it surge up to 330+ price levels