Friday, March 2, 2012

IDBI BANK; STOCK CALL



         CMP 112.35          BSE 17636
  • On the downside, strong support at 104.
  • On the upside, resistances at 120, 128 and then 137.
  • Tenor strongly positive.
  • Currently trading at less than Book Value.
  • Buy at CMP and hold for 9 month conservative target 153 plus.
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