INDIANB: Clean Rejection off 0.786 Fib Level | Bullish Reversal
Indian Bank (INDIANB) on the 4-hour timeframe has completed a comprehensive corrective cycle, pulling back from its macro peak (highlighted by the upper blue circle near ₹603.20). Price has officially swept the sell-side liquidity pools and mitigated a crucial institutional demand block at the extreme discount range. Technical Triggers & Analysis: • The Golden 0.786 Rejection: The lower blue circle beautifully highlights an exact structural rejection off the 0.786 Fibonacci retracement level (~₹496.80).
This deep discount area witnessed aggressive institutional absorption, turning the macro…
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- Monday, 12 October 2026, 11:29 pm IST
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