Long term momentum of Uco Bank looks stretched: Hemant Kale
In case of Uco Bank the longer term momentum seems to be very stretched. Investors are almost at the top of this rally for Uco Bank at around levels of 57.60.
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| ET Now caught up with Hemant Kale, MD, Maia Financial Services Pvt to get his views on Uco Bank stock.
What are your views on Uco Bank? The FPO has been on everyone's buy list, is it still looking good?
In case of Uco Bank the longer term momentum seems to be very stretched. Investors are almost at the top of this rally for Uco Bank at around levels of 57.60.
In case you get a rise from this level it is an excellent opportunity to exit. I would not recommend anyone to enter at this price for Uco Bank.
What are your views on Uco Bank? The FPO has been on everyone's buy list, is it still looking good?
In case of Uco Bank the longer term momentum seems to be very stretched. Investors are almost at the top of this rally for Uco Bank at around levels of 57.60.
In case you get a rise from this level it is an excellent opportunity to exit. I would not recommend anyone to enter at this price for Uco Bank.
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