CautiousChartist

#CC BANCO INDIA- Inv Head and Shoulder

Long
NSE:BANCOINDIA   BANCO PRODUCTS
Inverted head and Shoulder Pattern on the weekly chart.
The stock has been taking resistance at 2 major trend lines . Going forward also, these resistances will be profit booking areas.

A huge accumulation of smart money + good results suggests this stock can go big.

Q1 FY2021-22Q4 FY20-21
Total Income ₹ 508.77 crs ₹ 445.82 crs Up 14.12%
Net Profit ₹ 45.90 crs ₹ 18.39 crs Up 149.59%
EPS ₹ 6.42 ₹ 2.57 Up 149.81%

Q1 FY2021-22 Q1 FY2020-21
Total Income ₹ 508.77 crs ₹ 275.60 crs Up 84.6%
Net Profit ₹ 45.90 crs ₹ 17.56 crs Up 161.39%
EPS ₹ 6.42 ₹ 2.46 Up 160.98%

Comments