Investors Corner
The stock has been an under performer and did not perform well in the recent up move. If we need to bet on the banking sector we should possibly do it with a good risk - reward ratio . Buy the stock in a range of 64-68 for a target of 110+ within a year. The weightage for this stock should be low as the high beta of the sector would fetch more returns if the sector performs well. Keep a stop of 60 on closing basis.
No comments:
Post a Comment