Break out and retest done with good volume spikes and bullish indication from moving average. Events : - surprise earnings + - Double dividend +
Downside side : - Banking sector is too much dependent on governance and social environment. Though, No negative news have been rotating in the market, its still a bit controversial stock. Entry - cmp Stoploss - 43.61 Trgt - Wait and see if it break above 48 and hold for medium term later. Book profit as per your risk reward appetite.
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