OFSS
Double Top Buy & Super Pattern - Bullish above 4181.3 daily close on 1% Box Size chart. https://t.co/vXz5rNsos5
OFSS
— Saket Reddy (@saketreddy) June 30, 2020
Turnaround??
Looks like it!
Recovered 100% of the Feb, March correction!
Parent also gave a strong guidance for Indian Business!
DTB Above 2925 on Long Term Charts!
Counts open till 3930 & 5771! pic.twitter.com/qwxCt76hd9
More from Saket Reddy
While people were debating figuring out which is the best in ICICI/AXIS & INDUSINDBNK, look what the top 3 high quality banks (HDFCBANK, KOTAKBANK & CUB) have done over the last 5, 10 & 17 years.
They are the real compounders, they've created massive wealth compared to others! https://t.co/PluVwU5OXG
They are the real compounders, they've created massive wealth compared to others! https://t.co/PluVwU5OXG
Hope Everyone saw BANDHANBNK Numbers. I feel many such banks will go through a massive NPA Cycle followed by depleted Tier 1.
— Saket Reddy (@saketreddy) January 24, 2021
Hence, stay with the Top 3 banks :-
HDFCBANK
KOTAKBANK
CUB
They've low cost of funding, well provisioned Moratorium book, high ROEs & high Tier 1 CAR.