Bro Just keep eye on VAR and range of a stock can tell you where this stock can move
I dont know how to tell how I reach at that conclusion but all i can say it can be more then 23years exp in mkt respecting my decision
VAR if around 5 its best and high mean your money is at risk and you are buying at a higher level like IOB is now at 10 and when I bought was at 18 then I was keeping eye that once it would surely break its 52 week high so entered at 80.80 tgt 89.90+10% somewhere around 99.90 but mkt never move according to our plan
VAR if around 5 its best and high mean your money is at risk and you are buying at a higher level like IOB is now at 10 and when I bought was at 18 then I was keeping eye that once it would surely break its 52 week high so entered at 80.80 tgt 89.90+10% somewhere around 99.90 but mkt never move according to our plan
Bro anything above 5% is enogh tgt from mkt is always 10% PM tgting more means risk more last three mnths gave 83% so far but IOB taken back 15% so far
VAR if around 5 its best and high mean your money is at risk and you are buying at a higher level like IOB is now at 10 and when I bought was at 18 then I was keeping eye that once it would surely break its 52 week high so entered at 80.80 tgt 89.90+10% somewhere around 99.90 but mkt never move according to our plan
Net profit of city-headquartered Indian Overseas Bank (IOB) during the first quarter ending June 2014 rose 116% to Rs 271.72 crore. The bank had reported a net profit of Rs 125.80 crore during the corresponding period of the previous year.