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Disclaimer.. Tracking fundamentals, not invested currently...
this is not an investing/trading recoomendation
Banco- weekly chart taking support on trend line
mentioned on the chart
Technical : (Weekly Chart) Ascending Triangle Chart Pattern! Breakout @ 261
Technical Target: 350
(Fundamental Medium Term Target 400)
(Fundamental Long Term Target 500)
1.Total (Mkt. Cap) : 1865cr
2. Zero Debt : 0.00cr
3. Stock PE : 17.33
4. ROE : 20.40
Watch-list - Looks good above 260 on closing basis
#BANCOINDIA CMP 239.75 High volume breakout on 24 Nov from ascending triangle. Retracement towards top of triangle; copybook classical charting. Primary target: 320
Ascending triangle pattern spotted in Banco Products weekly and daily charts. Buy on the breakout for upside. Target marked in red at around 315-320.
Good luck to y'all..