Buy Syndicate Bank; target of Rs 114: IIFL

IIFL is bullish on Syndicate Bank and has recommended buy rating on the stock with a target of Rs 114 in its February 8, 2012 research report.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney
moneycontrol.com

Home » News » Recommendations

Feb 08, 2012, 02.37 PM | Source: Moneycontrol.com

Buy Syndicate Bank; target of Rs 114: IIFL

IIFL is bullish on Syndicate Bank and has recommended buy rating on the stock with a target of Rs 114 in its February 8, 2012 research report.

Like this story, share it with millions of investors on M3

Buy Syndicate Bank; target of Rs 114: IIFL

IIFL is bullish on Syndicate Bank and has recommended buy rating on the stock with a target of Rs 114 in its February 8, 2012 research report.

Post Your Comments

Share Cancel

(more)

, IIFL |

IIFL is bullish on Syndicate Bank and has recommended buy rating on the stock with a target of Rs 114 in its February 8, 2012 research report.

“Syndicate Bank has entered into a bull phase after stock regained its control over the 200-DMA with impressive volumes and delivery based buying. However, Prior to yesterday’s session, the stock had been flirting with bearish resistance line of Rs104. So, a range bound trade between Rs104-107 could prevail for few more days. Technical charts are appearing interesting from a medium term view and any corrections should be used as entry points. We recommend traders to buy the stock above Rs 106 with stop loss of Rs 102 for target of Rs 114. (Duration 5 days),” says IIFL research report.  

Public holding more than 90% in Indian cos

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

To read the full report click here

Buy, Hold, Sell ? Hear it first on M3
Buy Syndicate Bank; target of Rs 114: IIFL

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login