Indian Bank – 1D

Trend Range-bound with signs of accumulation from the demand zone. Support & Resistance Major Demand Zone: 770 – 760 Intermediate Support: 805 – 800 Key Resistance / Breakout Level: 895 Expected Move Sustaining above the 850–860 region keeps recovery intact. A clean move above 895 can shift the structure to bullish. Short Fundamentals Summary PSU banking space supported by improving balance sheet metrics and stable credit growth environment. Final Verdict In consolidation with improving structure. Needs breakout confirmation for directional clarity.