Tuesday, 2 October 2012

Development Credit Bank Ltd.- Buy


DCB
BSE Code: 532772
NSE Symbol : DCB
Face Value: Rs.10
Last Close: Rs.43.95
 
I recommend it for accumulation. Buy at Rs.42-43 with a strict stop loss of Rs.37. On the upper side, the stock will zoom to Rs.51-53+ level in the medium-term.

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