12 July 2011

READYMADE STEEL IPO: Opens for trade tomorrow

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READYMADE STEEL IPO: Price fixed at Rs 108 (upper end); Rs 5 GMP

Expected listing price Rs 113 (as we had posted a few days back)

PLEASE keep stop loss.
Risky stock and operator driven

Sell at profit. It may jump like Rushil and Birla Pacific but fundamentals are BAD and will fall below IPO price in due course/

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