Syndicate Bank is among India's growing Public Sector Banks. The bank has shown some remarkable growth in the last few quarters and fundamentally, stands at very attractive valuations.
Price Charts
1) Technically, the stock has reached the strong support zone of 84-87 Rs and likely to show some support around it (See Chart below).
2) If it takes the support around this level, then we are likely to see a rebound which can push the stock up till 93 Rs. If that resistance level is breached, then we may see the stock reaching back to 101-103 Rs levels.
No comments:
Post a Comment