These are after careful analysis and from years of knowledge in local & overseas markets.
Share : BFN
IPO offer : 15.00
Annual EPS expected : 2.5
NAV : 16
Current price : 11/-
This is oversold level and fully undervalued.
Market forces will move this share immediately to previous level of Rs.18 - 22 with the next ASI up-trend.
So this is a once in a lifetime trading opportunity for you all.
Buy level : @ Rs.11-12/-
Short term target : Rs.16.5 - 17/-
Long term target : Rs.22 - 25