Monday, April 26, 2010

Buy Andhra Bank, it can touch 140.

In the small cap banks, one ca buy Andhra Bank at 121. It has the potential to touch 135-140.

(1) On the weekly charts, week after week its given a positive weekly close.
(2) The atock is trending as seen from the ADX which is at 31, with the +DI at 34 and -DI at 16.
(3) The trend is upwards as seen from teh MACD charts.

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