Technical Analysis of Indian Equities by Nooresh

Centurion bank shud participate in da bank rally

Centurion Bank has been moving in a range of 24 - 26 for quita few weeks
Looks like it would break above 27 ..
Buy on break above 27 and then it shud hit highs for da year...
It should sustain and close above the 27 level for confirmation of the breakout...
big equity so dont expect 30-40% return ..
but u can play big on break as it doesnt fall big too..

Article by Nooresh Merani

Nooresh has written 2741 articles.

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