ShivMehta
Short

70% returns in 3 months - Opportunity for a short correction

NSE:DCBBANK   DCB BANK LIMITED
DCB Bank has eclipsed its all time high that it reached back in late 2007 when the GFC unfolded.

The stock gave a return of 70% in the last 3 months alone to its rewarding shareholders with many expecting for it to go even higher from here.

3 Months back one can argue that the stock might be undervalued but the rate of increase at this pace would have made most of them surprised.

This seems like a good opportunity to short the stock considering the good run majority of the banks have had in the last one year since the 2015 onslaught.

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