This is the price investors are not going to see in future, Buy as much as u can as this level,
1. Select a pivot and take a look at the same, technicals are giving a strong buy signal
2. Brokerage houses are very bullish, growth recovery is better than any other private banks (lesser NPAs and higher loan-to-growth figures)
3. The bad results were posted because of RBI (Basel 3 requirements lead to higher divergence - very short term)
Suggestion:
1. Long term target is 400+
2. Short term target is 360+, we must see 360+ before year end.
1. Select a pivot and take a look at the same, technicals are giving a strong buy signal
2. Brokerage houses are very bullish, growth recovery is better than any other private banks (lesser NPAs and higher loan-to-growth figures)
3. The bad results were posted because of RBI (Basel 3 requirements lead to higher divergence - very short term)
Suggestion:
1. Long term target is 400+
2. Short term target is 360+, we must see 360+ before year end.