Friday, 22 November 2019

CSB BANK IPO

CSB BANK IPO APPLY OR NOT ?

ANS - APPLY FOR IT FOR GOOD LISTING GAINS POSSIBLE IN IT 20% LISTING GAINS IS POSSIBLE

DISCLAIMER - MAKE YOUR OWN RESEARCH BEFORE TAKING ANY DECISION OR ASK TO YOUR FINANCIAL ADVISOR I AM JUST SHARING MY PERSONAL VIEW

ABOUT CSB BANK 

CSB (Formerly known as Catholic Syrian Bank) is one of the oldest private sector bank in India with a history of over 98 years, backed by marquee investor – Fairfax India through FIH Mauritius Investments Ltd (FIHM). The bank has a total customer base of 1.3 mn with 412 branches across India having significant presence in Kerala and Tamil Nadu. The bank offers wide range of products and services, with particular focus on SME & Retail, particularly Gold loans, and wholesale banking.

Kerala-based lender CSB Bank, previously known as Catholic Syrian Bank, opened for subscription on Friday. 

CSB Bank raised Rs 184 crore from anchor investors and aims to raise up to Rs 410 crore. The lender has fixed a price of Rs 193-195 per share for the initial public offer (IPO).



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117 comments:

  1. Shukkur's22 November 2019 at 23:25

    Can u tell me the logic behind applying it through IPO ? Any positives ?

    ReplyDelete
    Replies
    1. Raj Dattani23 November 2019 at 01:17

      Yes valuation are attractive and listing gains are possible

      Delete
  2. CA ABHISHEK PAREEK23 November 2019 at 08:42

    Wheather to buy irctc for positional buying at current level.....whats ur view of reliance i am holding 60 share @1200

    ReplyDelete
    Replies
    1. Raj Dattani23 November 2019 at 11:54

      Irctc currently valuation are much higher buy on dips near 750-800 if get

      RELIANCE hold on

      Delete
  3. prasanna23 November 2019 at 13:47

    Good Day Sir,

    I'm one of your followers of your telegram Channel. To be honest, you are good gem in this sector. Few of your recent calls may not given good returns but many of your calls given bumper profits to all of us.

    I bought HDFC yesterday @ 2220. Can you please suggest me the target and SL.

    Thanks, God bless you abundantly sir.

    ReplyDelete
  4. prasanna23 November 2019 at 13:49

    HDFC Future trading sir, November target and stoploss please. Thanks

    ReplyDelete
  5. Unknown23 November 2019 at 14:43

    Yes bank targets?

    ReplyDelete
  6. Ajay23 November 2019 at 15:37

    Sir pls suggest view on bajaj finance @ current level I holding ce option of Nov expiry

    ReplyDelete
  7. Joogle23 November 2019 at 15:57

    Sir Your views on HDFC life support and resistance level,I have bought at 608 and CMP is 585 ,should I continue holding it?

    ReplyDelete
  8. Reddy Raj23 November 2019 at 18:28

    Hi sir support and resistance of rbl bank ?

    ReplyDelete
  9. Swapnil24 November 2019 at 18:59

    Sir your view on bank nifty for Monday?

    ReplyDelete
  10. Unknown24 November 2019 at 22:37

    Any idea about jusdial?

    ReplyDelete
    Replies
    1. Raj Dattani24 November 2019 at 23:36

      Exit on rise shift to better fundamental stock

      Delete
  11. Unknown24 November 2019 at 22:38

    Any idea about jusdial? I am holding 660 CE..

    ReplyDelete
  12. Anandam24 November 2019 at 23:16

    Just for information

    Ur all calls are superb

    But just noticed 1 thing that after giving any call u start sending rockets in 1-2 Rs. which is because as u give any buy/sell call all 5000 members start buying immediately which increases the rate & every 1 can't buy at the recommended price

    Just a suggestion

    ReplyDelete
    Replies
    1. Raj Dattani24 November 2019 at 23:36

      Yes definitely it happens but nothing is possible for this who are fast get at same price as mentioned but focus on sl not on price if you can see risk to reward is get than definitely you can buy it 2-3 rs higher no problem in it.

      Just for info - not 5000 but may be 100-200 people only buy from it.
      As mostly are readers only as per my view

      Delete
  13. Anonymous25 November 2019 at 12:58

    RVNL ka kya kar sakte he sir???no movement

    ReplyDelete
    Replies
    1. Raj Dattani25 November 2019 at 14:06

      If your view is of 6 months than hold otherwise exit

      Delete
    2. Anonymous25 November 2019 at 15:16

      Thank you.sunflag me kya kare sir???

      Delete
    3. Raj Dattani25 November 2019 at 15:17

      Exit sunfalg

      Delete
  14. Sunil25 November 2019 at 16:25

    Today when market is up trend all shares are moving up wards but why HDFc AMc has fallen down by 130 points I am holding @3710

    ReplyDelete
  15. Anonymous25 November 2019 at 17:17

    Sir now again it's time for future trading?

    ReplyDelete
  16. Sandip25 November 2019 at 17:29

    Sir ,
    Hdfc AMC target ?

    ReplyDelete
  17. Zoeb Lakdawala25 November 2019 at 18:11

    Bought Hindunilvr dec expiry strike rate of 2100 @ 39, your view on the same ?

    ReplyDelete
  18. Sandip25 November 2019 at 22:35

    Sir ,
    Your view on Adani port, can it 420 till expiry ??

    ReplyDelete
    Replies
    1. Raj Dattani25 November 2019 at 23:12

      No it is very much difficult

      Delete
    2. Raj Dattani25 November 2019 at 23:13

      370 is major support but to reach 420 this expiry is very much difficult

      Delete
  19. Unknown 25 November 2019 at 22:36

    Sir,
    Please give your expert opinion on SBI life for long term? If yes can I purchase @CMP

    ReplyDelete
  20. Unknown 25 November 2019 at 22:56

    Hi,
    Can I buy MGL @ CMP for a view of 3-4
    years what target should I except

    ReplyDelete
    Replies
    1. Raj Dattani25 November 2019 at 23:14

      Buy with view of 1 year

      1200-1400 is possible

      Delete
  21. Unknown26 November 2019 at 07:33

    Is there any chance of correction in hdfc amc?..so that now I can book profit and then buy again later..

    ReplyDelete
    Replies
    1. Raj Dattani26 November 2019 at 08:13

      Yes currently correction is possible
      3400 is major support

      If your view is long term than no need to sell it

      Otherwise if your view is of trading than you can trade

      Delete
  22. Nitesh26 November 2019 at 08:31

    Sir i have 100 hitachi @ 1600
    Will it be wise to book profits and shift to hdfc amc and polycab for long term or shall i hold on to jch??
    Pls advise

    ReplyDelete
    Replies
    1. Raj Dattani26 November 2019 at 09:08

      Hold Hitachi only currently
      If want than exit on summer season

      Delete
  23. Renjith26 November 2019 at 11:56

    Hi, sir Your view on hdfc life. Short term target

    ReplyDelete
  24. Reddy Raj26 November 2019 at 16:40

    Hi sir what is support and resistance of IBUlhsfin for Dec month...

    ReplyDelete
  25. Sujith26 November 2019 at 18:44

    Raj, based on the current valuations, is it okay to purchase lux industries for 10 percent gain from current levels

    ReplyDelete
  26. SWADEEP26 November 2019 at 20:02

    Sir, I had bought Granules India at Rs 131.85. Please tell me shall i hold or sell it out

    ReplyDelete
    Replies
    1. Raj Dattani26 November 2019 at 23:55

      If close below 125 than exit

      Otherwise hold on

      Delete
  27. Anonymous27 November 2019 at 00:01

    Hi sir whats your view on sun pharma for tomorrow

    ReplyDelete
    Replies
    1. Raj Dattani27 November 2019 at 15:56

      Sunpharma above 440 it is good hold on positive view till it is above 440

      Delete
  28. bhavesh27 November 2019 at 01:20

    Sir i hace purchased the shqre of orissa minerals at 1408. now price is 1300 should i hold or sell?

    ReplyDelete
  29. Anze27 November 2019 at 05:05

    Sir
    Do u expect any major correction in market?
    Btw I sold 50% hdfcamc at 3500
    Got my investment back
    Remaining 50% holding
    Thank you for my best short term gains so far
    Will I get it below 3k again??

    ReplyDelete
    Replies
    1. Raj Dattani27 November 2019 at 10:05

      ENJOY

      CURRENTLY NO CHANCE TO GET BELOW 3000 ONLY POSSIBLE IF THERE IS ANY BAD NEWS

      OTHERWISE TO BREAK 3400 IS ALSO DIFFICULT

      Delete
  30. Anonymous27 November 2019 at 08:33

    Hi sir.
    What's your view on RNAM? Support and resistance and for long term to medium investment.

    ReplyDelete
    Replies
    1. Raj Dattani27 November 2019 at 15:55

      Support at 360 resistance at 380-400

      Delete
    2. Anonymous27 November 2019 at 22:29

      What's your long term view on it? Worth doing SIP? what levels to add while doing SIP?

      Delete
    3. Raj Dattani27 November 2019 at 23:45

      Better to to sip in hdfc amc it is much better than rnam both are in same sector

      Delete
  31. Unknown27 November 2019 at 09:25

    Hi Sir,

    As mid and small cap start the correction, shall I average.

    Waterbase @212
    Jamna auto @66
    Meghamani organi @90

    Note: planing to hold long term. Please suggest me sir.

    Thanks
    Bala


    ReplyDelete
    Replies
    1. Raj Dattani27 November 2019 at 15:55

      If you want to avg than keep Sl of 52 WEEK low and avg

      Delete
  32. Sunitha27 November 2019 at 14:33

    Sir, your views on YESBANK please. I had bought 250 shares @140. Good to hold or exit?

    ReplyDelete
  33. Suu27 November 2019 at 15:42

    Nifty / bank nifty at days high close.

    Axis closed day low. What a great call.

    I was planning to short but after ur call bought and screwed my capital.

    Not blaming you but my luck from past 2 months I am just taking ur calls and unluckily taking those calls which r loosing.

    ReplyDelete
    Replies
    1. Raj Dattani27 November 2019 at 15:53

      RBL Bank and UltraTech rocked
      Axis hit SL

      If you play in F&o stocks than better to take all calls

      Rest your choice

      Delete
  34. Unknown27 November 2019 at 17:39

    Need some Views on Nifty and Bnf

    ReplyDelete
  35. Muki27 November 2019 at 19:13

    Hello raj


    What ur view on indigo i have short on 1394
    And lupin bought on 809
    Pidlite sold on 1280

    What u thin i shud do 😰

    ReplyDelete
    Replies
    1. Raj Dattani27 November 2019 at 19:19

      Pidilite exit 1290-1300 major support for it.

      Indigo keep Sl of 1450 if sustainable above it than exit

      Lupin hold on 765 is major support for it.

      This is my view make your own research

      Delete
  36. Reddy Raj27 November 2019 at 20:33

    Booked 5k profit in rbl bank

    ReplyDelete
  37. Anonymous27 November 2019 at 22:37

    Hi Raj.
    Looking at HDFCAMC, there is huge sell volume on 26/11, as per 1year chart that is the biggest red volume, why didn't the stock fall as much ? Is it something to be concerned?

    ReplyDelete
    Replies
    1. Raj Dattani27 November 2019 at 23:44

      No it was due to change in msci index as it was added in msci index

      Nothing to worry hold tight if your view is long term

      As in short term it is full Volatile

      Delete
  38. Manoj r purswani28 November 2019 at 01:07

    Sirji i bought 1000 share of powergrid what can i do ? I m hold for 1 year

    ReplyDelete
  39. Anonymous28 November 2019 at 10:40

    Hi Sir,
    Can you please give your view on Ashok Leyland, Infosys and Cummins India? Have been hearing buy calls for these three.
    If yes,what could be the possible targets and expected timeline? That information will be very useful.
    Thanks

    ReplyDelete
    Replies
    1. Raj Dattani28 November 2019 at 23:37

      No i am not focusing on these 3 there are many other better opportunity focus on it.

      Delete
    2. Anonymous29 November 2019 at 11:08

      Ok sir, thanks, will definitely do
      Are you tracking ICICI bank? Can you please give your view on that

      Delete
    3. Raj Dattani29 November 2019 at 16:31

      ICICI Bank positive view major support at 495 now

      Delete
  40. CA ABHISHEK PAREEK28 November 2019 at 10:51

    Wheather to buy wipro at current levels

    ReplyDelete
  41. Akash28 November 2019 at 15:49

    Hi raj.

    What's your view on Adani green energy?
    1. Short term - 2months
    2. Long term - 1-5years
    3. Any other good stocks in the same sector.
    4. Support and resistance for positional.
    Thank you!

    ReplyDelete
    Replies
    1. Raj Dattani28 November 2019 at 23:35

      Adani green support at 110-100
      Resistance at 150

      For long term you can buy hdfc amc

      Short term you can buy hdfc on dips

      Delete
  42. Anonymous28 November 2019 at 17:21

    Sir your view on Union Bank fundamentals please. I know little bit charts it has given inverse head and shoulders breakout today. Can this be investment opportunity for short term.

    ReplyDelete
    Replies
    1. Raj Dattani28 November 2019 at 23:36

      Union bank fundamental are weak
      But technicals are looking good support at 60 resistance at 70-85

      Delete
  43. Reddy Raj28 November 2019 at 19:58

    What is resistance of bhartiairtel sir ?

    ReplyDelete
  44. Anonymous29 November 2019 at 09:39

    Hello sir,

    Holding 80 shares of Graphite @660 should i average out at current valuations.

    ReplyDelete
    Replies
    1. Raj Dattani29 November 2019 at 16:31

      No need to avg just hold only what you are holding and exit near 450-500 if get

      Delete
  45. ABHISHEK29 November 2019 at 11:13

    Sir,

    I am a big fan of yours.


    Kindly suggest long term stock for SIP mode

    ReplyDelete
  46. Unknown29 November 2019 at 13:38

    Hello Raj sir, Can plz tell about yes bank ..I have 85 ce Dec series taken at 4.15 . Till how long should I hold it.

    ReplyDelete
    Replies
    1. Raj Dattani29 November 2019 at 16:30

      If yesbank sustainable above 72 than it will be 85 so keep watch on 72 level

      Delete
  47. Anonymous29 November 2019 at 20:41

    Sir g am holding bata@1760 and pidilite @1460 is this both stock r fundamently gud or not pls sir share your view on it should i hold or exit.

    ReplyDelete
    Replies
    1. Raj Dattani1 December 2019 at 01:52

      Yes both are fundamental good hold on

      Exit bata on rise and add more pidilite

      Pidilite is fundamental more better

      Delete
  48. Check29 November 2019 at 22:38

    Sir,
    what is your view on Nifty for Monday.
    is it maintain 12000? I am holding12000 CE.

    ReplyDelete
    Replies
    1. Raj Dattani1 December 2019 at 01:51

      Call put no view

      Nifty 11900 is major support

      Delete
  49. Anonymous30 November 2019 at 08:21

    Hello Sir,

    Please share your view in Bajaj finance December f&o. I have bought at 4150 level.

    ReplyDelete
    Replies
    1. Raj Dattani1 December 2019 at 01:50

      Major support at 4040 if sustian above it than it is good

      Delete
  50. Kamlesh patel30 November 2019 at 11:28

    Raj sir , my question is not directly related to equity but connected with equity market

    Sir can you suggest me good MF I want to invest against Fix deposite. As of now FD rate too low so i want to ahift my money from FD to MF which are giving better than FD
    THANKS

    ReplyDelete
    Replies
    1. Raj Dattani1 December 2019 at 01:50

      Hdfc midcap fund
      Hdfc smallcap fund
      Hdfc multicap fund

      If your view is of more than 5 years than you can invest in this

      Delete
  51. Unknown30 November 2019 at 14:15

    Hi Raj bhai, I baught BAJAJ electricals @560but the price is now 340, can you suggest me should I hold or sell.

    ReplyDelete
  52. Unknown30 November 2019 at 14:18

    Hi Raj bhai, I baught SBI 380CE December series @2.8. Till now long should I hold.

    ReplyDelete
    Replies
    1. Raj Dattani1 December 2019 at 01:49

      It is very much out of the money

      So no view on it sbi is good above 340

      Delete

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