📈 Key Data / Context
The stock currently trades in the ballpark of ₹258–260 / share.
Over the past 52 weeks, the share has ranged roughly between ₹172.66 (low) and ₹262.00 (high).
Fundamental metrics: P/E ratio around ~15–16×, book value ~ ₹147, and a modest dividend yield.
⚠️ What to Keep in Mind
As a bank stock, broader macroeconomic factors (interest‑rate outlook, banking sector sentiment, credit growth) matter — technical levels can get invalidated if fundamentals shift.
A “breakout” above resistance (e.g. ₹262–265) should ideally be backed by volume for conviction.
Similarly, a drop below support (₹255 / ₹252) could trigger more support tests — a stop‑loss strategy may be useful if trading short‑term.
The stock currently trades in the ballpark of ₹258–260 / share.
Over the past 52 weeks, the share has ranged roughly between ₹172.66 (low) and ₹262.00 (high).
Fundamental metrics: P/E ratio around ~15–16×, book value ~ ₹147, and a modest dividend yield.
⚠️ What to Keep in Mind
As a bank stock, broader macroeconomic factors (interest‑rate outlook, banking sector sentiment, credit growth) matter — technical levels can get invalidated if fundamentals shift.
A “breakout” above resistance (e.g. ₹262–265) should ideally be backed by volume for conviction.
Similarly, a drop below support (₹255 / ₹252) could trigger more support tests — a stop‑loss strategy may be useful if trading short‑term.
Pubblicazioni correlate
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
