Stone_Heart

IDBI Bank - Impending Stake Sale

NSE:IDBI   IDBI BANK LTD
Currently in accumulation zone. Once breaks out of the upper zone, this will move up sharply. Not much liquidity, as government and LIC already holds 95% of holding. Impending stake sale is the key trigger. Stake sale price will determine the movement. Fundamentally too, currently the share price looks undervalued and not demanding.
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