No stopping this bank above 1080....stock to watch out for next few months.
Stock has been consolidating in a narrow range... excellent financial performance...Watch out for 1785 break
Dividend Yield - 7.4% Market Cap - 34000 cr. Investment in REC worth 14500 cr. Holding Cash of 8000 cr in books. Dividend Distribution of 2640 cr for 20-21 Company is growing very fast. Terrific results for Q4 and FY 20-21. 133 is a minor technical hurdle.
Simbhaoli Sugar- rounding bottom in place- favorable sector tailwind- min tgt 16.70
Break out on nifty bank---expect strong moves next week
RBL bank seems to be bottoming out and might see higher levels in next few days. Offering decent entry levels.
broke the ath today....charts look good...fundamentals strong
Probably midcap rally to gain pace at the break out of channel