In the last 12 years , Indian bank has gone down to Rs 70-100 and stayed below Rs 100 only for very short term, and all the bounces had been 2x to 4x kind of returns, so I guess right now it will be a good level for entry for holding 2-4 years period and getting full benefit.
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@Hocuspocus32 That time it didnt carry burden of allahabad bank… now perspective changed… so think if it can jump with the bulk load of AB with it…
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from a low of 44rs its now at 180+,its very tough to gather conviction and take the trade. Very rewarding bet
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