This one should have been ready for Moving up , but some how this is not moving , it might likely stay in the range , if brakes the current low 31 then its heading for 20 , there is not one can stop it , it has no institutional investors in it , its Major stack holder is Government and until 2019 Election is completed it will likely get any boost
This stock will likely correct further down ward side ,
It will have Zig Zag move before the RBI interest rate decision , once it hits the 42 Level Expect a Big bang upside move for Life time
It will never come back to this level here after , One can look for Long term investments and also for short term i am expecting 150+ in 3 Months once price hits the...
It has been observed that after a sudden huge gap up, the price action came down gradually and covered the big gap. Now, it is striving to breakout from the downward trend line in order to revive the trend.
#ANDHRABANK (CMP:64.15) BO on Monthly chart; need to sustain above 60 for validation. RSI broke out in February 2017 and taking support from down trendline. We can easily see it going back to ATH of 180 in 1-2 years time