Fundamental analysis:- Bank of Maharashtra is a PSUBank stock which can give good returns in short as well as long term. The stock has a good dividend yield and is available at a cheap price as per PE and PB ratios.
Technical analysis:- The stock has given a breakout from Inverted head and shoulder pattern. A closing above 32.45 can provide more than 10% returns. Entire PSU bank sector is currently bullish.
Note:-Idea is shared for educational purposes and should not be taken as a recommendation.
Nota
40+ from 32.5. More than 25% returns done in 2 months
Trade fechado: objetivo atingido
50+ seen in this stock. There is a change in fundamentals. Stock worthy of investing for multibagger returns. Closing the stock for trading perspective
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