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Stock Radar: IndusInd Bank stock down over 20% from highs; time to go short in this private bank?
IndusInd Bank's stock witnessed a decline of over 20% from January 2024 highs, closing at Rs 1,347 on August 8, 2024. Short-term traders are advised to sell with targets between Rs 1,300-1,280. Trading below key moving averages with negative RSI and MACD indicators, continuing weakness is predicted.
