Syndicate Bank

This is the time to protect our savings by Govt.

Posted by : Leave it.
Price when posted : BSE: Rs 61.55 ( -3.68 % ), NSE: Rs. 61.60 ( -3.83 % )

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Dear friends,
You can see the difference how a bank in trouble or default is dealtwith in USA. There was a fiscal crisis. The senate met and took decisions collectively. whether it is wrong or right. There was a concerted attempt to discuss and to take a decision.
Here our PM and FM give ratio/TV talks and RBI issues statements.
The Govt. thinks that the other leaders are not worthy of consutation.There will be divergent views always. That is why we call for a discussion.
Now the political parties also do not comment on the Govt. attitude, so that some corrective steps are visibly taken. The opposition parties also to be blamed. When they meet , they simply make noice or stage walk out, without discusing the issues involved and that helps the Govt. to have a cake walk.

I am now concerned with the safety of lacs of depositors.The deposit insurance cover is also not increased. There is no voice from the economists,media and share market commentators. Here in USA, we have cover for an account upto 2.5 lacs US dollors. The trade unions like AIBEA and FCII are not touching this aspect. Are they not having bank accounts? It is really very unfortunate that the biggest union AIBEA which was able to give a call for all India Strike for two days, do not send any single point for the protection of bank deposits.Thwy all think that the PSU banks are not vulnarable for the crisis.Why they they have alimited cover for one lac of rupees.It is learned that mutual funds are also selling some holdings in NIFTY.

The fiscal crisis has spread to Europe.As there are many small countires, a concerted action to face the world economic crisis is not possible. In Ireland, the Govt. immediately covered with insurance for six banks . Is it not a signal to the country leaders? Perhaps all our radars are lent to Srilanka Govt.

I do not know when we all will see the reality. God alone should save this country.
v.krishnamoorthy ...

Expect good appreciation from this levels

Posted by : Guest
Price when posted : BSE: Rs 66.70 ( 1.14 % ), NSE: Rs. 66.70 ( 1.29 % )

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Short selling seems to be the money spinner. Should one short this? And please tell what should be the stop loss if shorted. Is naked short selling allowed in this scrip?...

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Expect good appreciation from this levels

Posted by : steadyinvestor

I hope money was made today .. next target is now 68 .. cheers ...

Hold Syndicate Bank, says Bose

Posted by : MMB Messenger
Price when posted : BSE: Rs 60.90 ( -3.56 % ), NSE: Rs. 61.30 ( -2.70 % )

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Technical Analyst, Rajat K Bose is of the view that one can buy Syndicate Bank with medium term perspective. There will be some resistance today around Rs 65 odd levels; Rs 65-65.50 would post some problem for it. But overall it has actually broken an intermediate downtrend line and yesterday that has happened with a big bar on the upside....

Expect good appreciation from this levels

Posted by : steadyinvestor
Price when posted : BSE: Rs 64.00 ( 5.26 % ), NSE: Rs. 63.80 ( 4.59 % )

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I hope money was made today .. next target is now 68 .. cheers ... ...

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Expect good appreciation from this levels

Posted by : steadyinvestor

I expect good appreciation from these levels for Syndicate Bank and if it crosses 65 this week then expect 70 in current month series .. happy investing.

Expect good appreciation from this levels

Posted by : steadyinvestor
Price when posted : BSE: Rs 60.80 ( -2.95 % ), NSE: Rs. 61.00 ( -2.79 % )

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I expect good appreciation from these levels for Syndicate Bank and if it crosses 65 this week then expect 70 in current month series .. happy investing....

Hold

Posted by : vkk43
Price when posted : BSE: Rs 62.65 ( -0.16 % ), NSE: Rs. 62.75 ( -0.40 % )

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Hold this share at current market rate....

Syndicate Bank

Posted by : zoombusiness
Price when posted : BSE: Rs 63.00 ( 0.40 % ), NSE: Rs. 62.95 ( -0.08 % )

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Buy Positional Syndicate bank Intraday cmp 63 , We Suggest not to build too many Intraday positions today as it is friday ....try to initiate fresh buy\'s/sell on Monday itself till then play Safe...

courtesy s and m...