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Prediction of listing gains of Power Grid IPO


1. Power Grid shares issued at Rs 52/share is likely to reach three figure mark soon possibly on listing date itself. Best price for the month is likely to be between 10-19 october and the share is likely to reach a target of 116-137 this month2. On day of listing the best time to buy may be in morning ( barring unusually high opening price) and in the afternoon. The share is likely to touch day's high about 30-60 minutes before close of trade tommorrow (3-3.30pm)3. Targets of 90+is likely to be breached tommorrow though share price may be quit volatile

Caution: This prediction is based on a evolving methodology and carries higher risk than other regular predictions. We believe that Power Grid is good long term buy for those have been allotted shares. This prediction is meant for new entrants and those wishing to exit the stock soon