SBI Card, SDBL, BoB; top stocks by Jigar S Patel of Anand Rathi for Oct 7

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SBI Card, SDBL, BoB; top stocks by Jigar S Patel of Anand Rathi for Oct 7 - Business Standard

Quick Summary:

Given these technical indicators, it is advised to go long on BANKBARODA in the price range of 248-250, with an upside target of 270.

Additionally, the daily RSI (Relative Strength Index) has broken through a bearish trendline along with bull divergence, signalling a shift in momentum towards the bullish side.

SDBL reached a peak near 149 in May 2024, but since then, it has experienced a significant decline, losing approximately 44 points, which translates to a 29 per cent drop in price.