IndusInd Bank Ltd shares might be trading lower in Wednesday's trade, the recent technical momentum suggests the banking stock has potential to hit a target Rs 800 in the short-term, Systematix Shares and Stocks (India) suggested in a noye. The brokerage said IndusInd Bank has completed a bullish reversal AB=CD harmonic pattern on the daily chart, with the potential reversal zone identified at Rs 736–Rs 733 levels. Advertisement

Supporting this setup, the brokearge noted that the stock formed a large bullish candlestick, closing 2.85 per cent higher in the previous session, signalling strong buying interest.

"Importantly, the stock has sustained above the past ten-day high and confirmed a range breakout, further strengthening the bullish outlook. Additionally, prices have closed above t

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