AkshayAdak

Turn around stock

Long
NSE:MAHABANK   BK OF MAHARASHTRA
BOM has crossed 0.61 fibo level.
Trend changed with hugh volume support.
Major resistance at 30.30.

Bank have also turned from hugh losses to profit in last 2 years.
So positive outlook for future.
Comment: Even though the volume vas good.
But the breakout has been failed, and the stock has breaked the support line.

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