http://akprabhakar.blogspot.com/2009_08_01_archive.html on Saturday, August 29, 2009 we posted IDBI Break-Out, when the price was Rs.104 where short targets have reached while Long Term Target for the stock Rs.170-200 in 18-24months is still pending
Investments, a hidden jewel box : http://www.idbi.com IDBI Bank holds a significant stake include NSE, LIC, IDFC, IFCI, NSDL, CARE, ARCIL and SIDBI to name a few
IDBI Bank moves ahead on bank buy http://www.business-standard.com/india/news/idbi-bank-moves-aheadbank-buy/382479/ IDBI Bank had completed due diligence on a private bank for a possible acquisition, Chairman and Managing Director Yogesh Agarwal said today. “Talks are on. Due diligence has been done. I cannot commit on the time-frame,” he said on the sidelines of Bancon 2009-10.
The stock is a Weekly break-out only above Rs.140 on closing basis as many hold this stock this is an update, traders should buy only if the stock trades above Rs.140 as RBI policy can have near term negative impact on banks while investor any correction would be a chance to add this stock.
http://www.business-standard.com/india/news/cerc-issues-new-trading-margin-regulations/382535/ Power traders, including PTC India, Adani, NTPC Vidyut Vyapar Nigam and Tata Power, are expected to be the major beneficiaries of the new regulations issued by the Central Electricity Regulatory Commission (CERC) to fix the margin for inter-state trading in electricity.
http://www.business-standard.com/india/news/cerc-issues-new-trading-margin-regulations/382535/ Power traders, including PTC India, Adani, NTPC Vidyut Vyapar Nigam and Tata Power, are expected to be the major beneficiaries of the new regulations issued by the Central Electricity Regulatory Commission (CERC) to fix the margin for inter-state trading in electricity.
