Nowadays prices aredecided by operators but not fundamentals.Hence becareful those who wants to buy this stock by seeing valuations it may touch any number today
For me when a stock hovers around IPO price, it can take any turn after 1pm....In RDBR it saw seeling pressure from higher levels many times so I predicted it will take negative turn...If today's listing is seen to be getting buying interest from 55-59 levels, it may end up higher...lets see...all operators wish after all
Shiva Maybe you can tell the trend better than others. In RDBRL you hinted the possibility of it going to 50 instead of 150...and it came true. So what's your hunch today???