Stock Radar: Post 16% rise in a week, there is more room to rally. Is this financial stock a good buy now?

Traders can remain in the stock as long as it holds on to last week’s support of Rs 34 on a closing basis, suggest experts. In terms of price action, the stock is trading well above most of the crucial short- and long-term moving averages such as 5,10,30,50,100 and 200-DMA on the daily charts, which is a positive sign for the bulls.