J&K Bank - Bottomed Out??

in the monthly t/f:

a. retracement of .38 which is a positive sign, indicating strength in prior upmove
b. candle (current month) is engulfing the prior 2 candles, i.e., hammer and morning star respectively, though current month candle is dynamic
c. those who follow elliott waves, the price action is indicative of completion of corrective waves.

C&H in formation on monthly, fundamentally good PSU, and with PSU bank charts indicative of a upward rally, this stock may be worth following.

PS: not a buy/sell recommendation, views are for educational purposes only.