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%

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.