Yeah. This bank does behave so. When it was trading around 135 and going down, I placed trigger orders below 115, but then it turned around and within a week was trading above 180. Seems to have done something similar this time.
1. Good Leadership, execution, expansion and growth all in positive ways, they reported the highest-ever quarterly net profit Q1FY24. Now they teamed up with Insurance companies and recently they tied up with Bajaj as well.
2. Q2 FY24 half-year profit reached an all-time high of INR 700.96 crores, a 33.31% increase compared to the previous corresponding half-year. (Screener)
3. Chart wise till 257 looks good lets see.