Adani Wilmar Limited IPO Message Board (Page 42)

🤢 Me

I sold it at 1100 after keeping stoploss (and it hit) long back, I informed here in forum, when had discussions with @Have faith.

One general thing that everyone can note is, please keep stoplosses either in broker account or in mind and sell the shares when its not performing as expected. Don't let your emotions come in between. I also learned it after experiencing fall in 2018/2019 after 2017 run. With stoploss only, i sold my nykaa both lots at 2150 and 1980 (when it was not able to hold 2k levels), sold my zomato at 128 (when it was not able to hold 130 levels) We need to know the supports as per charts and share movement and if share is reversing again and again then better keep strict stoploss and sell, either to book/protect profits or either to cut down losses. Same way i sold kims at 1365 when stoploss hit (it moved around 1500 later), sold clean science at 2590 , sold tatva chintan at 2640 after avg. results and many other recent ipos (some are still holding). I am again buying / will buy some of these at low levels.
I accept sometimes share prices reverses after hitting stop losses but many times it saves us from continuous fall. If you are too much convinced with some share then you can buy again also at lower price instead of keep holding it when its going down for longer. Stop loss price judging also is important thing.

Exit and book loss. That's what I did in some of the recent listings.

@lokes do you use GTT orders to keep stop loss ?

I warned many times to exit since 1500 label also advised to biggest avoid paytm ipo too....apart from abamc

As I have already told keep own your SL.
I have keep SL 1000.

I think sell at CMP.

It was expected from a company like Cartrade. Its clients have so many options nowadays. I was never interested in this company once I read it's IPO prospectus.

@MehulStk: yes i use gtt orders in zerodha platform for both new buying and shares selling (stoploss+actual selling) and its very nice and useful feature and helped me a lot to sell/buy shares at good prices.

@lokes if i give gtt sell order in zerodha i have to give e dis otp every day ? Or otp is asked once only ? I don't want to give poa to any broker.

@investormahesh: it looks like you need to authorize once when GTT will be triggered. I have given POA already long back to them so i don't need so i am not aware much about this. You can check Note 1 in below first link or you can call zerodha support and check.
https://support.zerodha.com/category/trading-and-markets/gtt/articles/what-is-the-good-till-triggered-gtt-feature
https://support.zerodha.com/category/trading-and-markets/gtt/articles/how-can-i-use-the-gtt-feature

@lokes thanks

What to do with PayTM🥴🥴🥴

@Lokes,
You have given so many stocks you sold. are you not holding any stock for long term. I believe clean science is good for long term.

Paytm and Cartrade CEOs should be stoned in the streets for selling at wild multiples.

@NEETINIPO,
Sorry to disturb u and off the topic question,the other day u told that in buyback,theres no value of fraction,suppose I have 2 TCS share to tender in BB and AR is 60%,then 1 share would be accepted or both share since tendered share is only 2,curious to know,
Thanks

Will take a call on last day

This algorithm doesn't work even for recent Sapphire.

The foolish always thinks others as foolish.
Every stock is individual stock and needs to be dealt accordingly.
Market has shown mirror to many market gurus.
Your this formula will fail miserably and it happened in past too.
Classic example was "Angel One".

Disclaimer: I don't hold CarTrade.

@ipobull
Your contention is reasonably well even if there may be some exceptions.
An IPO is an unknown horse . Betting on an unknown horse which is limping is too much speculative.

This rule cant be ruled out foolishly..
One who teach lesson to other on cartrade buisness model and potential when he advised others to still exit during 1150, are says` i dont hold cartrade `after exit near 900/800 label seems...cartrade and paytm both are biggest disaster in recent.

@Jetha Lal & VMaru,
Read the last sentence of my post.

Ibobull ur wrong. Correct is we have to observe couple of quarterly result and then interpret decision making.... Car trade is in loss only due to esop esle there would be profit.... After 6 months esop will be over and then it should perform..... Ipobull if anyone follow u will miserably fail.... Eg angel one, sbi cards, anupam rasayan, easy my trip..

@Cem choo sir cartrade spending more than 50% of there revenue in esop scheme look at there balance sheet, isn't it look fishy. they are paying almost 5 cr. salary to there CEO, Q. revenue near to 80 cr & without any asset total asset of company is nearly 1000 cr. out of 900 cr. is goodwill its hard to digest that current market cap nearly 3500 cr. at time of ipo mkt cap was nearly 7000 cr. do you think company deserves that much valuation with very very low margin.
ps : Sold 6 lots at 1200

@Cem Choo,
I think you have coiped your name from Chem Cho who is a wonderful guy. You too read my last sentence. There can be exceptions. I can count you at least 10 stocks from last 6 months, who have followed the trend given by me. By the way, I look at quarterly results very thoroughly. I am a big investor in Easymytrip. But I cannot block my money in a faltu company like Cartrade for a year in expectation of good quarterly results. If there is real turnaround in any good company, I will be interested in it. In stock markets, one has to follow some principles, but be flexible, not rigid like you. A good manager always uses his funds intelligently, does not block it like you. Finally, I am not forcing anyone to follow my principle, just expressed my honest understanding of the markets. With this principle I have made sizeable profit every month since Covid turmoil of 2020. I am happy about it and carrying on nicely in both primary and secondary markets and my confidence has only grown. Thanks to my friends who have understood me correctly.

After seeing zomato anchor book who would have ever thought that price will be more than 50% down from anchor allotment price. So anchor book is not anymore a criteria to judge a company and its fundamentals atleast for me.

@papon - Factual correction...Anchor allotment price was INR 76 per share. Keep minting!

@rajesh: you can check in below link regarding approx subscriptions. Remaining depends on market conditions during ipo time.
https://www.chittorgarh.com/ipo/ipo_discussions.asp?a=1173&c=491293&ap=0

Below are other info links , just pasting for references to everyone :
Shareholder category applications :
https://www.chittorgarh.com/ipo/ipo_discussions.asp?a=1173&c=491211&ap=0
Employee category:
https://www.chittorgarh.com/ipo/ipo_discussions.asp?a=1173&c=491270&ap=0

Currently SH is expected around 30-40x. Earlier it was expected around 55x.

Apply 1 lot retail from all accounts and 1 full force SH application from any one account.

Dear Friends. I want to check if SH quota is oversubscribed by 40 times, what are chances of allotment who applies less than 40 lots? will it be lottery or proportionate basis for this?