Anticipating very strong breakout of multiyear resistance took very small position mcap 149cr cmp 33.6 vs book value 17.7 stock pe 23.9 vs industry pe 15.8 dividend 0% debt to eq 0 promoter holding 64.8% CONSTANT from MARCH 2017 bought yesterday
entry 32.75 qty 600 SL 31 took big position and SL is big too as compared to my regular trades
closing above 38 will ignite the rocket, Market Cap only 166 Cr, micro cap high risky.
This chart is forming a cup and handle on a weekly chart. Can breakout soon.
Indbank Merchant Banking Services incorporated in 1989, is a subsidiary of Indian Bank. The company provides various types of services such as merchant banking, advisory services, stock broking, depository participant activities, distribution of mutual fund and other investment products, and online trading. The company's branch offices are located at Chennai,...
Indbank traveling between upward channel.good time to enter.targets and Stop loss in the chart Fundamentals are very good
Indbank moving in upward channel...good time to enter ...targets and stop loss mentioned int the chart