Stock to buy today: IndusInd Bank (₹944.60) – BUY

The short-term outlook for IndusInd Bank is bullish. The 3.8 per cent rise on Wednesday confirms the breakout of a key resistance level of ₹900. It also indicates that the upmove in the stock could be gaining momentum. The region between ₹900 and ₹890 is a strong support zone. This support can limit the downside if there is any intermediate dip from here. The IndusInd Bank share price has the potential to target ₹1,000-1,010 on the upside in the coming weeks.

Video Credit: Businessline

Traders can now buy IndusInd Bank shares at ₹945. Accumulate on dips at ₹915. Keep the stop-loss at ₹895 initially. Trail the stop-loss up to ₹953 when the price goes up to ₹965. Revise the stop-loss higher to ₹970 and ₹985 when the share price touches ₹980 and ₹992, respectively. Exit the long positions at ₹1,000.

(Note: The recommendations are based on technical analysis. There is risk of loss in trading.)

Published on January 16, 2026