1)buy tube investment cmp @55 expected 67/--with in 6 month.see anouncement on bse website on 3/4/07 .promoter add 12,50,000 share in his existing portfolio. 2)buy tanla (long term)2% circuit expected 400 in 1year.see cnbc web site. 3)buy hindoostan spinning & weaving mil at cmp@37 expected bonus(huge landbank sale story cokking for ruby mill c.m.p@380 & hindoostan spn mill@37) 4)hold idea @cmp it will touch 120 by year end 5)buy pfc see multiple block deal @101.downside limited upside it will take time .strong resistence 112. pls post if you got some tips
ICRA IPO has the following good points: (1) It is highly oversubscribed and hence will have good listing. (2) Fundamentals are good and business earnings will be good. Certainly market condition is not favorable. It is heard that allotment will be on 8th and the listing on 12th. Very difficult to predict the allotment. Expected listing price is 600. It will remain range bound at 600-650 for 4/5 months
seeing the market conditions , one should buy ICRA @ Rs.500 if it is available on the listing day since grading shall be compulsory for all upcoming new IPOs.