Chart Check: 30% rally so far in July! This private sector bank could retest November 2021 highs in next 1-3 months
A breakout above the wedge pattern on the weekly charts also adds to the conviction that the short-term trend is on the upside, and the stock could retest its 52-week high above Rs 60.70 recorded on 15 November 2021. Short-term traders can look to buy the stock now or on dips towards Rs 50 for a possible target of Rs 65 in the next 1-3 months, suggest experts.
