Wednesday, October 20, 2010

Bonus Issues, Stock Splits, Rights Issues, IPO Updates: Coal India IPO Subscription

Bonus Issues, Stock Splits, Rights Issues, IPO Updates: Coal India IPO Subscription


Coal India IPO Subscription

Posted: 20 Oct 2010 03:45 PM PDT

The password to see buy calls is: LIFEISCOLOURFUL The password to see buy calls is: LIFEISCOLOURFUL The Coal India initial public offering has fetched a tremendous response and was subscribed 11.8 times as at close of Wednesday, with foreign institutional investors applying for shares worth more than Rs 1.1 lakh crore. The retail portion was fully subscribed, a significant achievement for an issue [...]

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Sell Recommendation – CEAT

Posted: 20 Oct 2010 03:39 PM PDT

The password to see buy calls is: LIFEISCOLOURFUL The password to see buy calls is: LIFEISCOLOURFUL We recommend a sell in the stock of Ceat from a short-term horizon. It is apparent from the charts of the stock that in mid August 2010, the stock found significant long-term support at Rs 130 and resumed its uptrend. Subsequently, the stock’s uptrend accelerated and surged [...]

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