This large-cap bank is now ready for the long-term breakout; watch out
This large-cap bank is now ready for the long-term breakout; watch out

This large-cap bank is now ready for the long-term breakout; watch out

A trendline drawn from previous highs identifies a breakout trendline level, signalling a potential breakout at Rs 1,070.

Prasad Chavan Article rating: 4.8

The stock drew the attention of chartists due to its positioning within the higher range of a long-term consolidation pattern, accompanied by significant trading volumes. This positioning suggests the potential for a technical breakout of a continuation price pattern.

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