Dear members, No discussions on this IPO and further devolopments on this issue including none of from our star contributors.Why everybody feeling shy in commenting regarding Aanjaneya.It is almost double,still every body say no fundumentals.Why most of our traders should bother about it.Is this trade result give any duplicate or non approved currency.No, then why shy?.Common freinds , let us accept our failure in sportive way. Conclusion : Unidentifing the success issue more wrong than identifying flop issue. Thank you.
Dear friends, May 13th to 25th there is no message on this issue on this forum but many,plenty,enormous no of stories and valuations and so on on PFC but market made ultaaaaaaaaaaaa.
dearravibanglore, your analsisand details of firstday movement are very encouraging, you track each and every ipo with or without applying whatis your idea about coming ipos vms &timbor home, thanks
Everybody knows that it is 100% falthu company and especially SP tulsian. Hence to trap the fishes operator given choice for taking long.All the fishes got cached in net.
It is a ridiculously priced IPO. The stock is not even worth Rs.50.
With a stop-loss of 107, you can hope for a target of 144, 162 or even 192. Picking-up in 126-122 zone appears to be better. Book at least 50% profit at first target, 40% at second target & balance 10% at third target. As stop-loss is vide, it carries high-risk. My opinion is it is still uncomfortable to play looking at chart pattern as it is witnessing high volatility. Being a tiny IPO, play with strict stop-loss. Don't hold with hope if you get struck as current valuation cannot be justified.
Over a period of time, probably by November, it could fall below 50.
My opinion is you trade in Jubiliant Foodworks (836), Apollo Tyre (71). You can make decent money if you trade in Top 200 counters. I have made one lac profit in past three months in these counters. You need to buy them on their bad days- i.e., when they are hit 5% (Apollo Tyre) or 15% (for Jubiliant Foodworks) from their recent peak.
In this site, I have recommended this (looking at anchors, mostly FIIs response) when most brokerage-house are giving AVOID rating.
Yes. When informations are given in public forum, especially for small-cap stocks, Operators will listen. However, there is another method to know the stop-losses. That method is not appropriate to disclose in open forum.
I sold my allotted shares @ 260 & tempted to play when trading much above my selling price. I took risk in the profit that I have already made. In intra-day trading my hit rate is only 50%. Generally, I loose 40% of my profit by the way of stop-loss.
These kind of stocks are required to be played after one weak of listing where hit rate is quite high. It is relatively comfortable to play in Sanghvi Forgings now compared to listing day.
68. SkDash| Link| Bookmark|
May 27, 2011 4:31:13 PM
Top Contributor (1000+ Posts, 200+ Likes)
Good as ur playing on both sides.It seems the operator is watching this thread and ur statements too so change ur plans accordingly and give him a flip.