daily chart
Stock of Bank of Maharashtra has given breakout from downward slope as shown in the chart. Close observation also shows bottoms are rounding bottoms indicating stock is changing it trend from down to up. Stock can be bought at CMP or in dips till 30 for a substantial upside in medium to longer term. Traders should be cautious as overall trend is yet down.
Stock of Bank of Maharashtra has given breakout from downward slope as shown in the chart. Close observation also shows bottoms are rounding bottoms indicating stock is changing it trend from down to up. Stock can be bought at CMP or in dips till 30 for a substantial upside in medium to longer term. Traders should be cautious as overall trend is yet down.