10 percent negative gain exactly, see the difference between idbi and yes bank , price of yes bank should not have more than what idbi bank has , and price of idbi should be more than what yes bank have.
Dear, I`m very much keen to buy IDBI Bank, but having wait for the rate below 110/- What R ur suggestion? can I buy at current level of around 117.00 to hold for 6 months?
IDBI share price is doing exactly the way Bank of india did when it was Rs100 & then sudden shoot up. so never wait for levels. go on buying in its 100`s averaging your holdings.
keeping 6 month view it is a stock to be in portfolio.see in todays market it dit not fell corresponding to market.it seems it has strong support at 113
i have seen one thing, share price depend on who holds the share. if stock are hold by long term players or strategic investor, price goes up. tommorow suppose some startegic foriegn player is invited, then surely price will go up as this player will start buying supported by buying from retail investor.