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    Allahabad Bank , Stay away from here on


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    Allahabad Bank , Stay away from here on Empty Allahabad Bank , Stay away from here on

    Post  mr.traderji on Thu Sep 23, 2010 1:04 am

    Dear Friends,

    Allahabad Bank is mainly focusing on Overseas Market like Hong kong & shanghai & i personally feel that their business momentum will slow down in the coming months.

    They can do a much better business in home land "INDIA" & Much better players are there in Banking field than Allahabad bank

    Stock can Consolidate from here on & those who hold longs should exit at current levels

    Positional shorts are entertained at current levels 232-233 in futures , for a probable short term target 215 -210 with a stop at 236 , our ultimate target 195-187 .

    Good luck

      Current date/time is Tue Aug 20, 2019 8:38 pm