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Bank Of Maharastra - comment please..

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  #1  
Old 19th November 2004, 10:38 AM
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Default Bank Of Maharastra - comment please..

Traderji & All,
The Bank of Maharastra was lunched at Rs 23 in IPO. After a initial rise it again fell down to Rs23-24. Right now it is 27.
Should we sell it or hold ?

Thanks
Nirmlaya
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  #2  
Old 19th November 2004, 11:00 AM
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Default Re: Bank Of Maharastra - comment please..

Quote:
Originally Posted by ngchowdhury
Traderji & All,
The Bank of Maharastra was lunched at Rs 23 in IPO. After a initial rise it again fell down to Rs23-24. Right now it is 27.
Should we sell it or hold ?

Thanks
Nirmlaya
With the banking sector showing signs of strength, I would suggest you to hold on with a breakeven stoploss initially and then a trailing stoploss once this stock goes into an uptrend.
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  #3  
Old 23rd November 2004, 11:09 AM
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Thumbs up Re: Bank Of Maharastra - comment please..

Bk of Maharashtra looks like a buy above last week's high of 28.25,taking out previous pivot high on the weekly,with a stop at 23.25.
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  #4  
Old 2nd December 2004, 03:16 PM
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Big day for Bank of Maharashtra........nice!
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  #5  
Old 4th December 2004, 06:25 PM
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Default Re: Bank Of Maharastra - comment please..

hello traderji
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