Central Bank of India: "The Injection of Funds by Goverment"
Buy for Long Term: 07 May 2017 CMP 111
This stock has been followed by Higher high and Higher low pattern.
Range bound 45-120, on this level more interested to accumulate for long term.
Once breakout 125, it will develop high on high with sharp up move.
(Required Market Up move, try to buy on every dips 60-75-95-110-140)
Resistance 260-380-590-760
Support Life time low 45 & High 190, 52 week Low 76 & High 116.
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-Company has low interest coverage ratio.
- The company has delivered a poor growth of 11.21% over past five years.
- Company has a low return on equity of -4.14% for last 3 years.
- Contingent liabilities of Rs.88641.03 Cr.
- The Company has maintained an average dividend yield of 1.66 % over the last 5 financial years.
- Long Term Beta 2.3
This stock has been followed by Higher high and Higher low pattern.
Range bound 45-120, on this level more interested to accumulate for long term.
Once breakout 125, it will develop high on high with sharp up move.
(Required Market Up move, try to buy on every dips 60-75-95-110-140)
Resistance 260-380-590-760
Support Life time low 45 & High 190, 52 week Low 76 & High 116.
---------- ----------- -----------
-Company has low interest coverage ratio.
- The company has delivered a poor growth of 11.21% over past five years.
- Company has a low return on equity of -4.14% for last 3 years.
- Contingent liabilities of Rs.88641.03 Cr.
- The Company has maintained an average dividend yield of 1.66 % over the last 5 financial years.
- Long Term Beta 2.3
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