Choice Broking’s Sumeet Bagadia picks Bank of Maharashtra
In short
Choice Broking’s Sumeet Bagadia picked Bank of Maharashtra as a Navratri 2026 stock idea. He suggested buying at ₹82.75, adding near ₹80, aiming for ₹91 and ₹96, and watching ₹76 as support.
This matters for short-term traders following PSU bank stocks. The reporting does not say if the stock reached the targets or whether the recommendation moved the share price.
What the reporting says
Choice Broking’s Sumeet Bagadia named Bank of Maharashtra as a Navratri 2026 stock pick, pointing to an uptrend, breakout, support near the 20-week EMA, and a bullish RSI. The brokerage suggested buying at ₹82.75, adding near ₹80, with targets of ₹91 and ₹96 and key support at ₹76. It is not stated whether the stock later hit those levels or how the market reacted.
Why it matters
The note is a short-term stock call on Bank of Maharashtra based on chart patterns and momentum signals, including a breakout and bullish RSI. The suggested buy range, targets, and support are all provided in the summary. The reporting does not state the current price at publication, any subsequent performance, or whether the recommendation was issued with a broader sector view.