Aether Industries Limited IPO Message Board (Page 22)

no guarantee.

@abc xyz
This 2.02X include bidding at low to maximum price band 610-642.

abc ji,
if you are asking about subscription number of QIB can trust or not, then ans is yes we can trust subscription if they have applied at higher price band.
Also in this aether company pre-ipo placement of total around 300+ cr shares are already happened two times in recent time at same price of Rs642 to few QIBs. so this factor also we can trust.

But even QIB subscription numbers are good, sometime they sell on listing, this part we can't trust.

which pundit? any article link?
In my opinion, if nifty keep going down then it will take support around 15400-500 levels or final support at 15100 levels. Tough going below 15K.

25% correction:- 13950.
33%- 12400.
50%- 9300.
66%- 6350.

Where is bottom, no one knows. It will be officially bear if it breaks 12400.

I completely agree with @lokes here.
15500 is solid support for now.

If it breaks 12400, then the real problem starts as it was the high just before the Covid crash till 7600.
Anyways we are down approx 15% from the recent high of 18,600.
Not hoping to break 12400 at any cost.

@ShiningShiva: Bear market means 20% down from high, means below 14880 around, not like u mentioned below 12400.

Btw I got to read below article somewhere, posting here for info purpose:

According to a recent note being circulated on social media, attributed to a foreign brokerage firm, the Nifty’s 15 percent fall over the past seven months is the seventh longest decline of the 19 corrections of over 10 percent over the past 30 years.

Although technically the fall of over 15 percent does not make the present correction a bear market, it does feel like one. The time correction, increased volatility and relentless selling by foreign investors give the feeling of a bear market.

India has had four bear markets in the past 25 years that have fallen more than 20 percent from their peaks. The last bear market was in 2020 when the pandemic caused the indices to fall by 39 percent and it lasted for less than three months. The pace of the fall during the pandemic was three times that of the 2008-09 global financial meltdown.

The sharp pandemic-led bear market had no precedent, which explains the panic in the market. Thankfully, a coordinated effort by central banks to pump in liquidity helped the speedy revival.

Bear markets tend to last longer than corrections, with the longest bear market for the S&P 500 during the Great Depression lasting for 2.8 years. Since the 1950s, the longest bear market was the dot-com bubble in the early 2000s lasting for 2.1 years.

Only time will tell how the present correction will end. Markets can hover around the current levels for a few more months before moving higher, or they can enter bear market territory by falling more than 20 percent from their mid-October 2021 highs.

In case the market falls, the report mentions the Nifty going down to 14,500 levels. This has been arrived at by extrapolating previous falls. In the six previous long declines, the lows in the first seven months equated to a median of two-thirds of the eventual price damage. Overlaying this would give a target of 14,500 for the Nifty, of a 21 percent fall from the top.

A lot would depend on how inflation behaves, especially in the US market. Though the Indian government has taken steps to bring down inflation by reducing taxes on fuel and fiddling with import and export taxes, the previous four bear markets show that the Indian market’s recovery from a bear market is dependent on what happens in the international market.

Unless inflation is controlled at the global level and interest rates start declining, markets are likely to be under pressure. Markets may de-couple intermittently, but when it comes to bear and bull market extremes, they are normally in sync with each other.

In the Indian markets, the steps taken by the Indian government may nudge domestic investors to pump more money into the markets, but unless the global markets revive, Indian markets may linger between a correction and a bear market.

ShiningShiva

9300? Hah! They must do a mandatory reverse stock split on all the NIFTY stocks to make it 18600 again. 9300 can't make it look like a 5 Trillion economy. No way!

Market is moving range bound.
Strong support at 15700-15800 : Took support three or four times in recent past.
Strong resistance at 16400-16500 and heavy profit booking happening at this level.
Market has already factored in inflation and expected rate hike by Fed & RBI and it can only jitter more if hike happen beyond expectations. It has also factored in Chinese lockdown and things are not getting worsen in China as of now. Russia-Ukraine is also factored in( hopefully Russia doesn't make fresh attack on Scandinavian countries), Recent tape leak of Taiwan invasion plan by China is biggest threat and if this happens then market will see its one of worst fall. FII selling continue as usual but DII are trying to absorb well.

Market all eyes is on GDP data of USA which is due this week. Last quarter was negative and if two consecutive quarters are negative then it's confirmation of recession in the economy.

We should not be too much worried and focus on Support and resistance and we should take action as either of support or resistance broken and any event happen like GDP data comes in USA(if it comes negative then recession confirmed), Fed/RBI stance, geopolitical development etc.

Not Pandit ji. Nifty heading towards 14500/ is stated by CLSA

No one can predict future events.
All these words Pandit or experts are myths.
Please don't believe all these.

@Dinesh ji
Absolutely agree to you.
There is no bottom or sky for market.
Market runs on economy in long term and in short term it looks for events and sentiments.
Then how to know where this market will go?
Look for demand and supply from chart and option data.

@Jetha Lal,
Thanks.
If you want to succeed in Market. try to be different from massess/general opnion.

Nifty, Sensex can fall 30% from peak but it's not all gloom and doom, says Mark Mobius. Presently market is down about 14% .

Everyone needs to see history carefully, after every correction, market gives new highs, we may see big zigzag but final direction is upper side, SO DON'T PANIC, ITS NORMAL..
Note:- FII is selling but DII and Retails are buying. Numbers(history) proves that, on heavy FII buying, market never made new highs, new highs created only because of heavy buying by DII and retailers

Relax relax guys.....i was just quoting zee buisness specialist view on market.. ...

@ StockTerminator

That word 'history' makes me nervous all the time. I'm of the belief that a person who manages the supreme bank of a nation should at least be a commerce graduate. History guy managing that is not coherent. It's more like allowing an electrician or a TV mechanic to do complex heart surgeries.

@ Ipobaby ...do you mean a chai-pakoda wala cant prepare pizzas ....??

@StockTerminator: Your observation regarding FII is not correct in last line. Always when FII buys market moves higher as seen in so many previous high made like 11700/12400, (DII sells usually then) and always when FII start selling market goes down, as seen many times in earlier and current correction from 7 months, no matter how much buying done by DII/retailers etc.

@IPOBABY ji
Fed chief (Jerome Powell) has degree of Bachelor of Arts in Politics likewise RBI Chief is has graduation degree in History but later he became IAS(you need knowledge of everything to become this).

In life degree doesn't matter a lot(especially in india where how nonsense is our syllabus) and most important thing is experience where Fed chief was career investment banker and RBI Chief managed portfolio such as Principal Secretary (Industries), Special Commissioner (Revenue), Secretary (Revenue), Secretary Commercial Taxes at state level (Tamilnadu) and and as Union Economic Affairs Secretary, Union Revenue Secretary, Union Fertilizers Secretary, Special secretary in the Department of Economic Affairs of the Ministry of Finance and as a joint secretary in the Department of Expenditure of the Ministry of Finance in the Indian government.

Disclaimer: I am Commerce graduate and I can say that it didn't add any value in my life.

No. Abhi jo thodi subscription aa rahi hai, wo bhi aana band ho jayegi

Big big No.