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Indian Bank Hits Record High, Rs 1,000 Target Looming
23 Feb
Summary
- Indian Bank reached a new record high, surpassing Rs 920 resistance.
- Experts predict a target above Rs 1,000 for short-term traders.
- The stock shows strong bullish signals across multiple technical indicators.
Indian Bank has established a new record high, surpassing the Rs 920 resistance level in February 2026. This significant achievement within the public sector banking space signals continued positive momentum.
Technical analysis indicates strong bullish signals, prompting experts to suggest a target price exceeding Rs 1,000 for short-term traders within the next 3-4 weeks. The stock had been consolidating around the Rs 920 mark since January 2026, but has now broken through this key resistance.
This upward trajectory is supported by multiple technical indicators, reinforcing the optimistic outlook for Indian Bank. Investors are closely watching its performance following this breakout.
The recent surge positions Indian Bank for further gains, with market observers anticipating continued strength in the near future.
