Indian Bank - Time of the PSU's

Another PSU bank which had good numbers and is among the cheapest available in the market by PE and P/B.
The stock had a VCP breakout and then did a retest.. This stock too has crosses above its 200WEMA and AVWAP of its entire fall from the top..

Long at CMP (50% on desired allocation) and balance 50% above Rs.200.
As it is an invesment bew..SL below 160.
Trend Analysis

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Feragatname