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Writer's pictureAmit Pandya

What to do in the shares of Indus Ind Bank?

Updated: Mar 27, 2020

Edit: 27–03–2020

Our targets on the low side already hit. Making a low of around Rs.235.55 on 24–03–2020; now the stock has gained momentum with heavy volumes making the stock yesterday move over and above 40% intraday. Seeing the strong movement traders may take the stock around 538–655 levels. But investors should stay away otherwise don’t cry later. Any upper move people will use it as an exit. The stock is already too bearish and will not be able to sustain at the higher levels.


Edit: 24–03–2020

In the last month, we have seen a sharp downfall in the prices of almost every company, and those who went behind the banner or the brand name the ones standing on the losing side and they can’t even sell. We have many such similar names like Yes Bank and Tata Motors, but one important thing is that the past performance is not the correct way to jump into the shares.In Yes Bank we are telling since last two years to stay away and in Tata Motors one year before we had a double-digit target which hit this march.No expert is above the market and one has to respect and make investors safe, as Warren Buffer says never lose money. As small or retail investor they don’t have more knowledge or behind the scene information and fall into the trap of TV experts or their brokers. It is your investment and you have to decide at the end. In Indus Ind Bank also we are telling our clients to stay away. Yes Bank was darling to everyone and now each one is crying be it Retail, HNI, FII or Mutual Funds. This Mutual Fund and SIP are only Fund Damage Private Ltd. Many fund managers do tell that for the continuation of business they have to buy and sell something, but at whose cost, the cost of IDIOTS who thinks that Share Market is a den of money distribution gang.



We had a target around 900 which is already hit and if the situation doesn’t improve then like Yes Bank here also there is the highest chances of the stock to go around 250.Already a low of 551 is hit and we only may see some improvement but investors should stay away only traders should put their head on the chopping board with stop loss.



Indian Markets since the last few months have witnessed a sharp fall in the prices of almost every sectors’ company. The most ill-driven is the banking sector where people on the responsibility sits are giving utter use-less and vision-less statements which show their incompetence to even hold their posts. Now let us talk about the Indus Ind Bank, everything seems to be alright but only up to when the bad news starts emerging all of a sudden, we have seen that those who went with the brand name were hit the most examples are Yes Bank and Tata Motors. One of the factors which experts see is Promoter Holdings but now it seems that Mutual Funds are sitting to destroy wealth without looking anything into the company valuations.




Also, they have the pledged shares which indicate something is fishy inside, it took only a few months to destroy 80% wealth in Yes Bank. Such private banks may be good 20 years back but now the whole banking system has a structural problem. PSU banks have performance problems and private banks are looting in the names of various charges it isn’t like that private banks don’t have NPAs. Accounting and Auditing is also a doubtful question. Hard words are to be used because public money is at stake and now an environment is created by bluffing that SIPs and mutual funds are something which will never default when the economy is taking the heat, such dubious so-called experts are facing heat to even repay the principal amount. The World Economy is witnessing a type of a trade or we can also call it as currency war and the major FIIs are taking money out and the local money is flowing towards gold, the sharp rise in the asset which isn’t the darling asset class of Warren Buffet is rising like there will be no Gold tomorrow, we always say that we should be prudent enough to understand the changing terms in the market.


Technically the stock has important support at 1274 on the monthly charts breaking it would result in the stock correcting up to 951.

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