Technical Analysis IndusInd Bank Ltd.

The stock $INDUSINDBK is a after forming a major bottom around ₹720–₹740 in October the stock established a steady higher-high and higher-low pattern. A sharp correction occurred in March/April but the price took support near ₹740 again forming a solid Double Bottom structure. The stock has aggressively bounced back and is currently trading near ₹936.20 hovering just below its previous swing highs. Immediate Resistance ₹960 – This is the recent swing high from early 2026. A decisive breakout and daily close above this level could trigger fresh momentum toward ₹1000. Immediate Support ₹880–₹900 – This previous resistance zone will now act as a minor support level on any short-term pullbacks. Major Support ₹740 – The ultimate defensive line for the bulls. As long as the stock stays above this zone the structural uptrend remains intact. For short-term buyers the stock shows strong bullish momentum and is approaching a key resistance level near ₹960. A safe approach is to buy on a clear breakout above ₹960 or wait for a small dip near the ₹880–₹900 support zone to capture quick gains keeping a tight stop-loss. For long-term holders the stock has formed a strong double-bottom base around ₹740 proving that the downside is well-protected. Existing investors should continue to hold their positions confidently as the primary trend is reversing upward targeting a move back toward ₹1000+.