RISK/REWARD RATIO IN THIS TRADE IS 1.5 : 10 WHICH MEANS WITH THE RISK OF 1.50 RUPEE YOU CAN GET UPTO RUPEES 10.80 STOCK IS TRADING ABOVE 200 EMA OF 48.80 STOCK HAS MOVED 22% IN THE LAST 1 MONTH AND 8.35 % IN THE LAST WEEK WHICH CLEARLY PROVES THAT THE STOCK IS AN UPTREND FUNDAMENTALLY STOCK IS TRADING AT A VERY CHEAP VALUATION OF 3.42 PE (PRIVATE BANK) PRICE TO BOOK VALUE OF 0.27
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CROSSED 50 AFTER 3 REJECTIONS SINCE APRIL FOR THE FIRST TIME SINCE MARCH