Allahabad Bank LTD Look Positive on short run basis, After it break a short period price range which was 74-65 and now it trading above 74 level and a selling pressure can be seen 78 level but expect it will get break with in few days and If it could also able to maintained above 74 level than we could expect this stock to 82-85 range in the near term and we should maintained lower stop on 72-71 level and also we have seen rising in volume continued on stock with price which is also a positive outlook. In Fibonacci we also seen price traded above 50% level which is also a key factor, Expected time 3 week.
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