Tuesday, 17 December 2019

PRINCE PIPES AND FITTINGS IPO

PRINCE PIPES AND FITTINGS IPO APPLY OR NOT ?

 ANS - YES APPLY FOR LISTING GAINS OF 15-20% LISTING GAINS POSSIBLE IN THIS IPO.

( Updated view on 19th December as below

Just for info - price pipes ipo may not list 15-20% up as it is not getting bumper response so it may list with some uptick only.

So those who want can apply other can also avoid if want.)


Disclaimer - Make your own research before taking any decision or ask to your financial advisor i am just sharing my personal view.

 About IPO

Prince pipes and Fittings will launch its initial public offering on December 18 with a price band of Rs 177-178 per share.

The Rs 500-crore IPO comprises a fresh issue of Rs 250 crore and an offer for sale of Rs 250 crore.

The issue will open on December 18 and close on December 20.

The company, after consultation with merchant bankers, decided a minimum bid lot of 84 equity shares and in multiples of 84 shares thereafter.


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33 comments:

  1. Zoeb Lakdawala19 December 2019 at 11:38

    hcl tech and dmart next support and resistance.
    could we hold hcl tech for a target of 700 in next six months to 1 year time frame

    ReplyDelete
    Replies
    1. Raj Dattani19 December 2019 at 17:22

      HCl tech sup 500 resistance 600

      Dmart resistance 1990 sup 1700

      Delete
  2. JVP19 December 2019 at 12:17

    Hello sir,
    After watching 1st day subscription, what is ur opinion about this ipo?Apply or not?How much gain possible?

    ReplyDelete
    Replies
    1. Raj Dattani19 December 2019 at 17:20

      Yes after watching it gains can be low 5-10% but negative opening i am not expecting

      Let's see

      Delete
  3. Dwij19 December 2019 at 17:14

    Hello Raj sir what is your view on Bharti Airtel fut for this expiry

    ReplyDelete
    Replies
    1. Raj Dattani19 December 2019 at 17:20

      Bharti Airtel above 440 BULLISH view

      If sustian below it than weak

      Delete
  4. Anonymous19 December 2019 at 18:08

    Raj bhai your calls are great. yesterdays BTST call Venkeys hit the SL @1720 yesterday itself. It rocketed today to 1820. Really missed it.

    ReplyDelete
    Replies
    1. Raj Dattani19 December 2019 at 18:21

      Yes today also made low of 1717 but as said only exit if sustian below sl level

      And today also morning said to buy above 1745 it will hit 1810 and made it.

      Delete
  5. Deepak D19 December 2019 at 18:26

    Raj ji,

    Request a day ago for short term future call and you have Siemens.

    What a call sir.

    Thank you.

    Unfortunately I did not participate but what a great call.

    You are awesome sir.

    Can I buy Siemens around 1500 if get for 1600 in Jan series.

    ReplyDelete
  6. Sandeep19 December 2019 at 19:42

    Dear sir

    Today I have buy sbi 100 qty @328

    Please suggest regarding this script.. Tommarrows target?

    ReplyDelete
    Replies
    1. Raj Dattani19 December 2019 at 20:05

      330 is resistance level if close above it than 340 is possible

      Delete
    2. Sandeep20 December 2019 at 21:46

      As per your suggestion i have hold my sbi quntites.....now sbi 338....please suggest next target

      I have ready to hold some days

      Please suggest me leval of this stock.

      Delete
    3. Raj Dattani20 December 2019 at 23:13

      Book between 342-345 and buy again if get on dips near 335 if not get near 335 than buy any other stock

      Delete
    4. Sandeep25 December 2019 at 22:17

      Bookd profit at 338...

      Can i buy again?
      If yes...then pls suggest range.

      Pls suggest

      Delete
    5. Raj Dattani25 December 2019 at 23:01

      Now it has support near 315 if get there than you can buy or keep watch on 324 level it is also its support

      Range 310-360

      Delete
  7. ZIA19 December 2019 at 21:07

    RAJSIR NOW CAN WE APPLY OR AVOID IN PRINCE PIPE

    ReplyDelete
    Replies
    1. Raj Dattani19 December 2019 at 23:01

      You can avoid also no problem

      As it may not give much listing gains

      Delete
  8. RD20 December 2019 at 12:44

    Sir,
    Could you please provide your view on reliance? I am holding 1600 CE. Will it go to 1640 dur to shirt covering?

    ReplyDelete
  9. ZIA20 December 2019 at 19:19

    COMPINFO UR VIEW MONDAY WHAT LEVEL U SEE MINIMUM

    ReplyDelete
  10. Cybergem22 December 2019 at 00:24

    Hello Sir. What is your view on Bajaj Finance. Will it cross 4200 by December expiry. Please suggest. Holding 4200 call.

    ReplyDelete
  11. Dattatray24 December 2019 at 12:14

    Hello sir I brought trident@7 and sarla poly @20 1000 quantity can I hold this for 1 year for good up move or should I exit

    ReplyDelete
    Replies
    1. Raj Dattani24 December 2019 at 12:41

      Yes you can hold it

      Both are good dividend paying stocks

      Delete
  12. NewBieInMarket31 December 2019 at 12:22

    Hi Raj Sir,

    I have bought IPO shares of PrincePipes at 178 per share. But currently it is ~163 per share, any chances of it crossing 178 this week? What is your opinion?

    I also need your suggestion about the Bharat Seats which i bought at 72.78 avg price, should i hold or exit?

    ReplyDelete
    Replies
    1. Raj Dattani31 December 2019 at 20:37

      Bharat seat if close below 69 than exit Otherwise hold

      Price pipe exit shift to other stock

      Delete
  13. Unknown6 January 2020 at 14:19

    Rbl buy at 275 and Everest at 280

    ReplyDelete
    Replies
    1. Raj Dattani6 January 2020 at 19:39

      Everest keep Sl of 250 if your view is short term

      RBL Bank or rane brake

      Rane brake already suggested to book 50% and trail SL to 670

      Delete
    2. Raj Dattani6 January 2020 at 19:40

      If you want to make profit than always trade with sl as mentioned otherwise don't trade in my calls

      As if you can't maintain SL than you can never make profit this is golden advice to you

      Delete

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