ING Vysya Bank, South Indian Bank, Zee Entertainment, Mahindra Lifespaces

ING Vysya Bank, South Indian Bank, Zee Entertainment, Mahindra Lifespaces

ING Vysya

ING Vysya

GAIL, Petronet LNG, Hindustan Zinc, Cadila Healthcare, IBREL, ING Vysya Bank

GAIL, Petronet LNG, Hindustan Zinc, Cadila Healthcare, IBREL, ING Vysya Bank

ING Vysya Bank

ING Vysya Bank

Annual Report - ING Vysya - 2009-2010

ING VYSYA BANK LIMITED

ANNUAL REPORT 2009-2010

DIRECTOR'S REPORT

The Board of Directors have pleasure in presenting the Seventy Ninth Annual
Report of the Bank together with the Audited Statements of Accounts for the
year ended 31-Mar-2010, Auditors' Report thereon and other documents and
statements as are required.

ING Vysya Bank

Investors with a two-three year horizon and a moderate risk appetite can consider buying the ING Vysya Bank stock. The bank is an old generation private sector one in which ING, a global financial major, owns 43.72 per cent stake. While the stock has under-performed on a year-to-date basis, it may have scope to provide healthy capital appreciation, given that it has consistently improved key operational parameters though they are low compared with peers. But the progress that the bank has made is impressive.

ING Vysya

ING Vysya

ING Vysya

ING Vysya

ING Vysya

ING Vysya

ING Vysya Bank

We recommend a buy in ING Vysya Bank from a short-term horizon. It is apparent from the charts that its medium-term downtrend, which commenced from September high of Rs 275, found support at Rs 113 that was almost the stock’s 52-week low. It reversed direction from here triggered by bullish divergence in the daily relative strength index (RSI). Since then the stock has been on a short-term up trend. The stock breached its medium-term downtrend line as well as 21-day moving average recently. Moreover, on December 10, the stock gained 8 per cent, reinforcing its bullish momentum. The daily RSI is likely to enter the bullish zone from the neutral region and weekly RSI is on the verge of entering the neutral region from the bearish zone. The significant resistance for the stock is at Rs 200. Our short-term outlook for the stock is bullish. We expect the stock’s up move to continue until it hits our price target of Rs 170 in the approaching trading sessions. Traders with short-term perspective can buy the stock while maintaining a stop-loss at Rs 147.

via BL

ING Vysya Bank

ING Vysya Bank

ENAM - Aditya Birla Nuvo, Canara Bank, Cement Sector, ING Vysya, Jubilant Organosys, Sterlite, Zodiac Clothing

Aditya Birla Nuvo

Canara Bank

Cement Sector

ING Vysya

Jubilant Organosys

Sterlite

Zodiac Clothing