Friday, February 28, 2020

SBI CARD IPO :TIMING COULD HAVE BEEN BETTER


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"SELL SBI BELOW 300 TGT 298/295 SL 303"


Bank nifty till down by 120 points but in upcoming days.  In next week SBI is  excellent stock for investment . SBI card is coming with IPO. The IPO will come on March 2 and will close on March 4  but Stock market has been continuously dipping due to the corona virus . In this week sbi stock was open on 327 then  down by 8 points & made low of 319.20 while SBI increased with 5 point & made high of 323.75.SBI will perform well in the coming days. It has hiked the target price by 14 % to 375. Today SBI stocks fallen by Rs 6.25 to close at Rs 321.95. Its 52-week high is Rs 373.80. The stock had Full potential to rise but timing for the IPO declaration is not correct so expected some more correction in upcoming week.

3 comments:

  1. Can I talk on phone as I got confused about market trading ?

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  2. yes sir , we can discuss on call also plz give me your contact no. or u can contact us 7772909587

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