Recently many ace investors including Rakesh Jhunganwala said they are bullish on PSU Bank, so there might be a good performance by PSU Banks in coming months.
Central Bank is a PSU Bank which is in formation of Round Bottom. I do guess the news around its sector may provide a positive sentiment to this scrip. There were huge Volumes added recently, so if the volumes continue to rise we may see a further rise in its price.
Swing traders can enter now to benefit from the minimal SL as it was around the base. Conservative traders can have this scrip in their radar and may enter again whenever an buying opportunity.
Central Bank is a PSU Bank which is in formation of Round Bottom. I do guess the news around its sector may provide a positive sentiment to this scrip. There were huge Volumes added recently, so if the volumes continue to rise we may see a further rise in its price.
Swing traders can enter now to benefit from the minimal SL as it was around the base. Conservative traders can have this scrip in their radar and may enter again whenever an buying opportunity.