More from Saket Reddy
SAREGAMA
Today's closing is a monthly close and this is done & dusted, we now have a solid monthly close above the 10 year supply zone.
If the stock has broken out from a 10 year supply zone & a 20 year peak, surely something would've changed!
Do study the industry structure! https://t.co/zA3qztFzon
Today's closing is a monthly close and this is done & dusted, we now have a solid monthly close above the 10 year supply zone.
If the stock has broken out from a 10 year supply zone & a 20 year peak, surely something would've changed!
Do study the industry structure! https://t.co/zA3qztFzon

SAREGAMA at a very important juncture now on the monthly chart considering today's close is also a monthly close.
— Saket Reddy (@saketreddy) May 31, 2021
Nearing a breakout from over a 10 year supply zone! https://t.co/qpsSn3obrE pic.twitter.com/1xTmB6WvhK
While people were debating figuring out which is the best in ICICI/AXIS & INDUSINDBNK, look what the top 3 high quality banks (HDFCBANK, KOTAKBANK & CUB) have done over the last 5, 10 & 17 years.
They are the real compounders, they've created massive wealth compared to others! https://t.co/PluVwU5OXG
They are the real compounders, they've created massive wealth compared to others! https://t.co/PluVwU5OXG

Hope Everyone saw BANDHANBNK Numbers. I feel many such banks will go through a massive NPA Cycle followed by depleted Tier 1.
— Saket Reddy (@saketreddy) January 24, 2021
Hence, stay with the Top 3 banks :-
HDFCBANK
KOTAKBANK
CUB
They've low cost of funding, well provisioned Moratorium book, high ROEs & high Tier 1 CAR.