Opinions requested on PNB

[pavvu_kk]

Future of SBI shares

I've bought 50 SBI at avg of 1761. I'm hoping that SBI will perform well. However, I'm confused whether to keep my holding short (arnd 6 months) or long (>1 or 1.5 yrs).

Any suggestions will be appreciated.

TIA
Pavan

 

[superprogrammer]

Re: Future of SBI shares

I am expecting SBI to cross 2000 mark soon since i has formed the triangle.....

 

[pavvu_kk]

Re: Future of SBI shares

Thanks for the reply!
Pardon my ignorance but what is a triangle?

 

[superprogrammer]

Re: Future of SBI shares

http://www.trade10.com/Triangles.html

 

[pavvu_kk]

Should I exit SBI?

I bought 50 SBI at avg of 1761. Is it the right time to exit, though my investment horizon is more than an year. I wonder if SBI can sustain the steam it has gained. Any advice will be highly appreciated.

 

[sudoku1]

Re: Should I exit SBI?

I bought 50 SBI at avg of 1761. Is it the right time to exit, though my investment horizon is more than an year. I wonder if SBI can sustain the steam it has gained. Any advice will be highly appreciated.

if u believe in technicals....then u can hold it as long as v stay abv the volatile waves & exit 50% once v sink...

http://www.traderji.com/position-trading/21819-sensex-technicals-193.html#post362957

 

[Ganesh543]

Re: Should I exit SBI?

I bought 50 SBI at avg of 1761. Is it the right time to exit, though my investment horizon is more than an year. I wonder if SBI can sustain the steam it has gained. Any advice will be highly appreciated.

I think you should exit once it stops its current run and starts consolidation

 

[superprogrammer]

Re: Should I exit SBI?

Hmm...
imo it should reach 2400+ within two weeks

 

[pavvu_kk]

Re: Should I exit SBI?

Any sp reason (or pattern) why you think so superprogrammer? Many thanks!

 

[pavvu_kk]

What's up with GMR Infra?

Why has the stock fallen by Rs. 68.5? Any ideas? The split hasnt been implemented yet (stock count hasnt increased but price has taken a beating).

TIA