AB Capital - Rebirth of the NBFCs
After the fall of NBFC's and the overall crisis..the cycle could be turning for the good for them again. A few of the companeis that have given results thus far are reporting higher NIM's and lower NPA's which bodes well for the companies.
The stock could also have a nice breakout soon. There is also a convergence of the moving averages which often leads to big moves.
Long 50% Quantity at current price and 50% above 135. Stoploss at 110 for the first buy and if the 2nd buy does happen the SL can be kept at 120.
The stock could also have a nice breakout soon. There is also a convergence of the moving averages which often leads to big moves.
Long 50% Quantity at current price and 50% above 135. Stoploss at 110 for the first buy and if the 2nd buy does happen the SL can be kept at 120.
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