Allahabad Bank

Allahabad bank down target=40....

Posted by : piyushbajpai1
Price when posted : BSE: Rs 45.45 ( -3.09 % ), NSE: Rs. 45.45 ( -2.99 % )

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If Anyone has shorted this stock as suggested at higher levels of 53~58 then one can book profits at 42.50 , and this level is likely to hold for the time being ....

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Allahabad bank down target=40....

Posted by : piyushbajpai1

After Touching the lower targets it has now sharply bounced back , so everyone who has gone long at lower levels 40~44 can now try to book some profits today closer to 50 Levels and 53 is the maximum higher target which it can go to . so it will be a time to sell and if you are high on risk you can also short this script at 53 levels .

NSE Announcements on Allahabad Bank

Posted by : MMB Messenger
Price when posted : [Allahabad Bank - BSE:Rs. 52.55 NSE:Rs. 51.95 when posted]

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Allahabad Bank has informed the Exchange that: "Bank has decided to cut its Benchmark Prime Lending Rate (BPLR) by 75 basis points i.e. from the present rate of 14.00% to 13.25% w.e.f. 10-11-2008"....

BSE Announcements on Allahabad Bank

Posted by : MMB Messenger
Price when posted : [Allahabad Bank - BSE:Rs. 52.55 NSE:Rs. 51.95 when posted]

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Allahabad Bank has informed BSE that Bank has decided to cut its Benchmark Prime Lending Rate (BPLR) by 75 basis points i.e. from the present rate of 14.00% to 13.25% w.e.f. November 10, 2008....

ITS VERY GOOD STOCK AND I SUGGEST TO HOLD, U DIFINETLY GET THE GOOD RETURN IN SHORT PERIOD

Posted by : P. CHIDHAMBHARA
Price when posted : BSE: Rs 52.55 ( -3.13 % ), NSE: Rs. 52.50 ( -3.31 % )

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Allahabad Bank is very good stock. I suggest to buy this stock at current price. This is my personal view....

GOOD BUY FOR SHORT TERM

Posted by : Abdul Waheed
Price when posted : BSE: Rs 54.45 ( 0.83 % ), NSE: Rs. 54.15 ( 0.19 % )

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Allahabad bank is a good buy for short term as the interest rates are getting down. One can expect rs 70 rep share within 3-4 trading sessions. ...

NSE Announcements on Allahabad Bank

Posted by : MMB Messenger
Price when posted : [Allahabad Bank - BSE:Rs. 48.70 NSE:Rs. 48.25 when posted]

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Allahabad Bank has informed the Exchange that the auditors have conducted the limited review of the unaudited financial results for the half-year ended on September 30, 2008. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...

Allahabad bank down target=40....

Posted by : piyushbajpai1
Price when posted : BSE: Rs 46.95 ( 4.22 % ), NSE: Rs. 46.85 ( -1.99 % )

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After Touching the lower targets it has now sharply bounced back , so everyone who has gone long at lower levels 40~44 can now try to book some profits today closer to 50 Levels and 53 is the maximum higher target which it can go to . so it will be a time to sell and if you are high on risk you can also short this script at 53 levels . ...

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Allahabad bank down target=40....

Posted by : piyushbajpai1

Now Closing of below 49.75 is not good sign this stock can now go down to 42 or 40 . but whenever the market will bounce back the recovery from 40 levels to 53 levels will be fast so anyone buying in lower levels should try to exit at 53 . this move should be taken by traders only , long term investor might not like this move .

Allahabad bank down target=40....

Posted by : piyushbajpai1
Price when posted : BSE: Rs 47.65 ( -10.26 % ), NSE: Rs. 47.80 ( -9.90 % )

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Now Closing of below 49.75 is not good sign this stock can now go down to 42 or 40 . but whenever the market will bounce back the recovery from 40 levels to 53 levels will be fast so anyone buying in lower levels should try to exit at 53 . this move should be taken by traders only , long term investor might not like this move . ...

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Allahabad bank down target=40....

Posted by : EMCEE

piyushbajpai1
Taking yr. advise I took possession of some additional qty. close to lower levels the stock traversed today:the value at which I bought today fitted with my way of analysing stocks: ofcourse, today anyone who bought anything should gain handsome rewards 1 year down the line.One did not need to do any thinking!
But then, it is possible that some one who would bought next week or the week after would gain grater rewards!
In this time of `shock and awe` dare devils will gain: But then very few whould be left with the resource to demonstrate their will, most should be broke/would have been fully invested!

Allahabad bank down target=40....

Posted by : EMCEE
Price when posted : BSE: Rs 47.65 ( -10.26 % ), NSE: Rs. 47.80 ( -9.90 % )

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piyushbajpai1
Taking yr. advise I took possession of some additional qty. close to lower levels the stock traversed today:the value at which I bought today fitted with my way of analysing stocks: ofcourse, today anyone who bought anything should gain handsome rewards 1 year down the line.One did not need to do any thinking!
But then, it is possible that some one who would bought next week or the week after would gain grater rewards!
In this time of `shock and awe` dare devils will gain: But then very few whould be left with the resource to demonstrate their will, most should be broke/would have been fully invested! ...

In reply to:

Allahabad bank down target=40....

Posted by : piyushbajpai1

Yes you are right , but one problem for the short term is that, allahabad bank after breaking its support of 53 , might not fall to much below 50 and 42 will be the ultimate target in the worst case scenario , but one thing which might pan out is that it might not be able to outperform the market which it was doing for quite a time . that means it wont recover fast as other large cap stocks will .

NSE Announcements on Allahabad Bank

Posted by : MMB Messenger
Price when posted : [Allahabad Bank - BSE:Rs. 53.10 NSE:Rs. 53.05 when posted]

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Allahabad Bank has informed the Exchange regarding a press release titled "Allahabad Bank Crosses Rs.125000 Crore Business". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...

Allahabad bank down target=40....

Posted by : piyushbajpai1
Price when posted : BSE: Rs 53.95 ( -2.79 % ), NSE: Rs. 53.90 ( -2.18 % )

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Yes you are right , but one problem for the short term is that, allahabad bank after breaking its support of 53 , might not fall to much below 50 and 42 will be the ultimate target in the worst case scenario , but one thing which might pan out is that it might not be able to outperform the market which it was doing for quite a time . that means it wont recover fast as other large cap stocks will ....

In reply to:

Allahabad bank down target=40....

Posted by : piyushbajpai1

Yes you are right , but one problem for the short term is that, allahabad bank after breaking its support of 53 , might not fall to much below 50 and 42 will be the ultimate target in the worst case scenario , but one thing which might pan out is that it might not be able to outperform the market which it was doing for quite a time . that means it wont recover fast as other large cap stocks will .