The no. of comments shows how much excitement is there in public !!!! on an average 2k-3k total comments were posted for any IPO till listing but this time look at the numbers it has already crossed 2.5 k mark in just 3 days. Let's c how many comments we get here till the date of listing.
This shows: Coal will defiantly get bumper OPENING may be 300 +++ levels.
The number of comments shows how much excitement is there in public... on an average 2k-3k total comments were posted for any IPO till listing but this time look at the numbers it has already crossed 2.5 k mark in just 3 days. Let's c how many comments we get here till the date of listing.
This shows: Coal will defiantly get bumper OPENING may be 300 +++ levels.
I did one survey for COAL INDIA IPO. I have included 25 technical and fundamental annalist and their view and Listing price target. At lat I found that 25 out of 25 said "YES" to this IPO and the lowest listing price target was Rs. 275 and Highest Listing price was Rs. 325. Everybody has given 1 year price target of 350+ to 400+ for this stock. So, my dear friends don't worry this issue will give good returns. At-least 20 % on the day of listing.
I WILL ADVISE THE INVESTORS TO HOLD COAL INDIA SHARES AND NOT TO BOOOK PROFITS ON LISTING DAY..IT IS BLACK GOLD AND YOU SHOULD HAVE THE SHARE IN YOUR PORTFOLIO ALL THE TIMES.YOU WILL BE HAVING PRIDE TO QUOTE THAT YOU BOUGHT IT UNDER IPO AND NOW(AFTER 2-3 YEARS) IT WILL BE AROUND RS.1500/-.IF YOU WISH TO HAVE AN OPPORTUNITY OF JOBBING YOU CAN DO SO BY KEEPING RS 345/ PRICE IN YOUR MIND BUT SEE THAT THE SAME SHOULD BE IN YOUR PORTFOLIO AT THE END OF THE DAY.ALTHOUGH THERE WILL BE LOT OF SUPPLY ON THE DAY OF LISTING BUT INSTITUTIONS ARE SITTING TO BUYING IT AND RETAILERS WHO HAS APPLIED THE ISSUE BY BORROWING HAS NO OPTION EXCEPT TO SELL.A PART OF THE FUND WILL COME IN SECONDARY MARKET WHICH WILL ENHANCE LIQUIDITY AND WILL GIVE SUPPORT TO THE MARKET.
Don't foreget that one of the mostly bearish person on the indian capital mkt i.e SS are with the CIL and not against it.... so that is more than enough to think where CIL will go......