Sunday, 18 December 2011

Chart Focus - Andhra Bank – Sell

Investors with medium-term perspective can consider selling the stock of Andhra Bank (Rs 89.3). The stock had been on a strong uptrend ever since it bottomed out in March 2009 at the low of Rs 37. This uptrend ended in October 2010 at the high of Rs 190. Since then, the stock has been on a long-term ...


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