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IDBI Bank may test Rs 85-90: Bhambwani
Published on Wed, Oct 01, 2008 at 16:04 | Updated at Wed, Oct 01, 2008 at 18:09 | Source : CNBC-TV18
Technical Analyst, Vijay Bhambwani is of the view that in the coming few sessions IDBI Bank can test Rs 85-90.
Bhambwani told CNBC-TV18, "You could see IDBI Bank retrace somewhat because it’s been walloped all the way down to Rs 64. I think seeing a level of Rs 85-90 in the coming few sessions is not very unlikely."
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Disclosure: Analyst doesn't hold the above stock.
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