Mrs Bectors Food listing today: The stock of Mrs Bectors Food Specialities was trading at Rs 500 and was up by over 73 per cent from the issue price on the NSE at around 10 am on Thursday. Mrs Bectors Food share price got listed today and it performed exactly as per Market Guru Anil Singhvi estimation. Mrs Bectors Food share price zoomed upwards.

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Mrs Bectors Food IPO received tremendous response not seen in two years for any initial public offering. There were a lot of expectations around Mrs Bectors Food listing as was indicated by Zee Business Managing Editor before its. 

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Today, early in the morning, Singhvi had said that Mrs Bectors Food is slated for a bumper listing - this was well before markets opened. He said that Mrs Bectors Food stock will be listed in the range between Rs 475 and Rs 525. He even said that the stock will get listed around Rs 500 – Rs 525, the smaller range.  

The Mrs Bectors Food IPO was subscribed 198 times.  

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Anil Singhvi Trading Strategy in Mrs Bectors Food 

Singhvi said that Mrs Bectors Food stock may gain in strength even after the listing. His advice to investors is to trade in this stock with stop loss of Rs 450. After the stock is listed, investors should apply a stop loss Rs 30 below the level it is trading at any point in time, Singhvi said. For instance, if the Mrs Bectors Food stock is trading at Rs 525, then the stop loss will be Es 495, he explained to the viewers.  

He said that the traders should trail their stop loss. He also said that it is unlikely that there will be a surge in the selling activity, or a top will be formed or the price will fall at the time of listing, he further added. The demand for Mrs Bectors Food stock will continue even after the listing, he opined. 

He said that if you are a trader and have put money in Mrs Bectors Food stock only for listing gains then trade in it by applying a stop loss. You should protect your listing profits by adhering to the stop loss, he said by applying stop loss. 

The long term investors can hold Mrs Bectors Food stock, Singhvi concluded.