InvestorQ : I bought an SBI card of Rs 570 per share. Should I keep it for three to four months or sell it? It has been up and down for several days. My confidence is shaking. Please give me appropriate suggestions.?
Rajneesh Kumar Yadav made post

I bought an SBI card of Rs 570 per share. Should I keep it for three to four months or sell it? It has been up and down for several days. My confidence is shaking. Please give me appropriate suggestions.?

Answer
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Mary Joseph answered.
5 months ago


The price is close to your buy price so you need not worry. Also, the stock is down nearly 30% from the peak levels just one month back and that is a major positive for the stock. It still has one of the best franchises in credit cards business and is the second largest. You should look to gradually accumulate?