Thursday, May 6, 2010

ING Vysya Bank: Will the Breakout Sustain?

ING VYSYA BANK: (BSE: 531807 | NSE: INGVYSYABK)
Here, there is a chance for a breakout from the usual pattern. The YoY jump of Q4 is impressive, but the more important question is whether the breakout seen from the last five quarters’ seesawing of dips and recoveries will gain strength. It should, hopefully, taking into account the higher highs seen sequentially.

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