m4kz

Long for J&K Bank

Long
m4kz Updated   
NSE:J_KBANK   JAMMU & KASHMIR BA
This could be a great multibagger stock in the coming year. If the stock breaks the trendline then a nice momentum can be seen. The stock took a strong support in March 2009 from the horizontal line drawn. SL can be at 20 Rs. Kindly share your opinions too. Thanks in advance.
Comment:
There is a good breakout happened in this stock. Already a 20% return in just few days. It will now move up. The level of 37 could be a major resistance. If it crosses 37 then it could probably reach 50 easily in this year.
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