As I have already told you that PSU Banks are looking good for short to medium term and given my “BUY” recommendation on “ORIENTAL BANK OF COMMERCE”.
Now another setup has come that is in “ALLAHABAD BANK”.
I have done a chart analysis so one can able to learn.
There is falling wedge pattern + double bottom confirmation+ OI Build up (9%)
Daily Chart of ALBK is attached below for your reference.
BUY – ALBK above 74 for Target 80-85-90!
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