SBI Cards at present is quoted at Rs. 590. When the market is in Normal situation, fundamental and technical calculations work and impact the scrip-trend. At present the market is passing through Fear phase when the logic is forgotten and meaningless selling emerge.
In such situation, it is difficult to predict, how much a scrip will fall. However considering SBI cards`s business and Balancesheet, long term investors may accumulate the scrip in small lots out of own funds.
Your Objective of buying Vodafone Idea must to earn quick gains, if the situation improves or solves.However due to Covid-19,the market is distress situation and Vodafone idea is in down trend. I believe the scrip will decline in coming days, till the situation is normal
From the day, we started providing Chart Analysis, every week , we had ample number of scrips which showed strong uptrend and we had to select the Best among such uptrend scrips, which can be Sure Shot winners for the Reader-investors.
However since last 4 weeks, because of very high Fear Factor, most of the fundamentally excellent scrips have declined to a level which we cannot imagine. For example, HDFC Bank is now available at Rs. 808 with out any adverse effect on its balancesheet.Because of algo-trading and fear factor, such scrips are available at oversold level and we identify such scrips which have higher potential to move up.
Yes, you must follow Stop loss levels,unless you are Long term investor and buying has been from your own funds.
The company is very sound and the promoters are highly reliable and honest persons. The issue is Covid 19 which will severely affect All real estate projects for atleast 6 to 12 months.
All are excellent investments. Accumulate in small lots, so that your Average cost is better.
Before 2 months, It was attractive investment and now at current low valuation, it is more attractive, provided you must have financial and mental capacity to retain your investment during down phase of the market.
Nowadays, Word Robotics, seems impressive. However the offer price is very high and the profits uptill now not impressive. Moreover the market mood is dull. So genuine returns may be good. Yes, if the operator manages Oversubscription and then price rise, then it is something different.
During last 2 months, Gold FTF has given huge returns ,however now at this juncture, it has very small scope for returns. Anytime, I expect Big announcement for Virus-cure which will bring in strong rally in the stock markets across the world. So donot shift your Equity investment at this moment.
Wait for few more sessions.You will see further erosion in the prices
Wait for few sessions. Indian market will fall in the days to come.