Andhra Bank, is it a good buy?

#2
I don't think it is good buy for short terms gains, It has not responded with the recent bull market and therefore, It seems It has completed its upward trend and is going sideways now. I will wait until it passes Rs.106 Level-------The major resistance for the stock. At this time it may even slip lower. so stay away from it.
 
#4
SSM

What makes you thinik that it is a good candidate for going short? I beg to differ with you here. I think it is good candidate for a butterfly trade at this time.
Regards,
Wastej
 
#5
Does anyone know if andhra bank has any immediate plans for expansion?
i can not seem to find and corporate announcements that would make it a good canidate for short term gain....
 

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