Banking sector is dependent a lot on the policies of RBI and govt and here in past all banking sector banks and NBFC stocks had been in downtrend due to all wrong reasons ranging from NBFC fiasco and thereafter Yes bank issues which brought negativity in the sector.
Market has given a thumping response to change of RBI governor as they feel that more liquidity will be available in the market.
In this segment, we have identified Ujjivan Small Finance Bank which is now in the state of uptrend having bottomed out at 180 levels and can target 250,300 and if sustain above 344 can target 450 levels in the medium term. Obviously no stock should be held in portfolio without stop loss and it will be 179 in this case.
Check the stock chart below and not to forget check daily hot stock to start making money on daily basis.
Market has given a thumping response to change of RBI governor as they feel that more liquidity will be available in the market.
In this segment, we have identified Ujjivan Small Finance Bank which is now in the state of uptrend having bottomed out at 180 levels and can target 250,300 and if sustain above 344 can target 450 levels in the medium term. Obviously no stock should be held in portfolio without stop loss and it will be 179 in this case.
Check the stock chart below and not to forget check daily hot stock to start making money on daily basis.
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