Indian Bank, PSU Banks Multibaggers? Long

INDIAN BANKNSE

Description

⋅ Dec 29, 2020 2:06 PM

Almost all PSU banks are at major multi year supports.

Whenever this stock has touched the trend line it has given min 2x returns.

Stop is deep 40 50%
Will test patience. And will take years for the trade to mature.
Corrections in between will come and go, Control your Fear.

Study Bank of Baroda Chart on similar lines.

Plan accordingly, Invest carefully

Not a Trade Recommendation, Only for educational purpose.

Comment

⋅ Feb 4, 2021 1:22 PM

PSU banks firing! 🔥😁😍

Comment

⋅ Oct 26, 2021 1:08 PM

2x done in 10 months.
Next target is optimistic.
Touch to upper trend line.

Comments

ReviveTraders

⋅ Jan 14, 2021 10:28 AM

amazing analysis... keep posting 😀

aadityanaik2012

⋅ Jan 6, 2021 7:22 AM

bro .. bank of baroda & canara bank looks more strong.. plz suggest

varadtambolkar

⋅ Jan 6, 2021 10:32 AM

@aadityanaik2012, yes they are better banks compared to this. Ylu can check bank of baroda on same lines as this eg. 10 15 year old support and trend lines respected.

Canara Bank looks good above 143. Needs to sustain above it

Rajeev11

⋅ Dec 30, 2020 5:06 PM

मस्त वरद

varadtambolkar

⋅ Dec 31, 2020 2:50 AM

@Rajeev11, dhanywaad 🙏🏾😀

shiv0110

⋅ Dec 29, 2020 9:20 PM

well seems to be good idea ! thanks :)

varadtambolkar

⋅ Dec 30, 2020 3:13 AM

@shiv0110, 😊 welcome. Plan your funds accordingly.😃

Alhad

⋅ Dec 29, 2020 5:36 PM

Yes, tu bolala hotas. multibagger PSU bank. 😉😜

varadtambolkar

⋅ Dec 30, 2020 3:14 AM

@Alhad, yess will post Bank of Baroda idea soon. 😊

PSU stocks mouthwatering levels. Downside looks limited to me.😃

varadtambolkar

⋅ Dec 30, 2020 3:15 AM

@Alhad, before meger this bank had goods financials , asset quality was better among PSU banks 😃