My investment target would be 210 odd levels. BOB has huge resistance at those levels. Its a slow creeper.It never jumps or spikes arounds.
But soon may reach 290 odd levels , without even getting noticed in a month or so. Safe play.
Dear Princz,
Lets see where it goes... we are not yet out of the woods and worst case of BoB going below 200 is still a possibility... but I have started adding this gradually to my portfolio... the numbers for this fiscal are good... dividend payout should also be good.. I find value below 250 in this scrip... my views :)
Only those with high beta or say, trader preferred stocks bounced back very sharply.(Good gains)
The reason i am not that interested in BOB is becoz, it doesnt swing that fast.
the reason that I am interested in BOB is bcoz, prospects of BOB are very good fundamentally moreover,it doesnt fall mercilessly, and it pays good dividend too.
Completely agree with you.