Hello Again,
All our Equity Recommendations are rocking.
Here is another addition to the picks. #DENABANK
The Weekly Chart shows a Breakout from a Falling Trend and Simultaneously Support taken on a Long Term Support Line around 25 Levels, The Horizontal Channel has a Next Resistance around 37+ Once it is crossed, The Price will enter in New Channel Where Resistance will be around 43+ and in the current Bull run in Banking we can Expect it to breakout for the Next Level above 51.
Here are the Charts,
Our Recommendation in Short :
BUY DENA BANK LTD. in the Range of 30-32 with a stoploss of 25 and take profits of 37 - 43 - 51
Disclaimer:
The Analyst does not hold any positions or does not have any vested interest in the recommended stock. Follow Strict Risk Management and Consult your Investment Advisor for more details.
You may Consult the Analyst at
WhatsApp : +91 8275 298 208 / Mail : 4x.magician@gmail.com
The Analyst is a SEBI Certified Investment Advisor, Global Market Expert and Fund Manager for Clients across the World. He is having experience of 8 years in Indian Equity Market and Similar experience in Global Market.
