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The banking major is trading in an ascending triangle pattern and nearing the breakout zone of the said pattern. The positive momentum is intact in the stock with parameters like MACD & Relative strength supportive of further up move.
Zomato's gross order value (GOV) for food delivery business may remain flat sequentially (up 14.2 per cent YoY) in the March quarter despite the activation of Zomato Gold membership, ICICI Securities said.
Eights stocks namely Va Tech Wabag, Just Dial, Archean Chemical Industries, Nazara Technologies, Venus Pipes & Tubes, The Phoenix Mills, Thermax and IndiaMart InterMesh have seen fresh interest from the various brokerage firms.
Just Dial fell 1.98 per cent to hit a low of Rs 610 on BSE. The scrip has jumped 17 per cent from its June low, but is still down 25 per cent year-to-date