Tagged with PSBs

PSBs…the road ahead

One could have said that at some point in time in past that the public sector banks were affected by general inefficiency of staff but since about a decade all have up to date tech enabled systems of best quality helping PSBs in very department of banking. So these banks which have people’s confidence in … Continue reading

SBIN @283 on 14/11/2018

Those who accumulated this as per last advice must have booked decent profits too as it touched high of 310/- on 31/08/2018; you may now also begin to accumulate this for medium/long term…ref 955/37.3(1255/966/70/1150/1100/1050/1050/1000/3M092018/cld/10576). Prev Advice: SBIN @255 on 22/05/2018 We are keeping it off our radar because it has posted losses in latest quarter, … Continue reading

SBIN @280 on 17/08/2017

You have been in good shape after getting out of this as per last advice; you may now accumulate it for medium/long term…ref 998/35.37 (1040/960/320/1150/1200/1150/1200/965/998/3M/0607/9904). Prev Advie: SBIN @284 on 29/05/2017 You may sell this off and wait for next advice; for time being this goesout of our radar because it has posted loss on consolidated … Continue reading

BANKBARODA @142 on 14/08/2017

This called for applying stop-loss and you might have done it; now get back into this fully for medium/long term…ref 1055/68.95 (1440/1325/172/1150/1150/1150/1200/860). Prev Advice; BANKBARODA @178 on 31/05/2017 Retain it or accumulate on dips for medium/long term…ref 985/54.05 (1265/855/120/1150/1150/1200/1150/1000/3M/0317/9621). Prev Advice: BANKBARODA @168 on 14/02/2017 You may still retain it, those who are out of this may … Continue reading