Shardul Kulkarni of Angel Broking told CNBC-TV18, "Amongst all the other banks, Syndicate Bank has given a very strong breakout. It is a clear flag breakout on the charts. We expect the stock to achieve the potential target of around Rs 142-144. So, I would look at trading on the upside in case of Syndicate Bank. Rs 131 would be the stop loss on the lower side."
The share closed at Rs 134.65, up Rs 1.80, or 1.35 percent. It touched an intraday high of Rs 137.60 and an intraday low of Rs 132.10. There were pending sell orders of 805 shares, with no buyers available.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
