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Messages From piyushbajpai1
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Long Target is now 69 good accumulation seen at 60~61 Band ...
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Short Target of 58 Hit and touched a low of 57.25 , Now Allahabad bank is Looking Vary strong in falling market , buy at 60~61 Zone for a short term target of 64.50 and then look for 69 ....
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Do not see any major impact on the stock on the basis of that news . but will look forward for results on 18 Oct . that will drive this stock till Friday target on the positive side is 69.50 only if 64 is crossed on the closing basis. ...
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SHORT Term Target hit of 64.25 now see if closes above 64 then look for the target of 69 if 63 do not hold on closing basis then look to short this script for the target of 60 and then 58 ....
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short term target 64 And if 64 is crossed then 69 is the next target....
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yes i also agree one of the cheapest stock in the market in terms of valuation and it had nil exposer in foreign derivatives so no mtm for this bank . ...
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30 Sep 2008 19:11
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if Allahabad Bank closes above 64 then it will show some strength and can go upto 72 ....
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