610.4. CB🤗| Link| Bookmark|
November 21, 2022 11:34:11 AM
IPO Mentor (1400+ Posts, 400+ Likes)
Did not expect it will come to listing price back and got hit for 100 @450. Hope it do not do a DCX repeat!!
610.5. SOAM| Link| Bookmark|
November 21, 2022 11:41:12 AM
Top Contributor (900+ Posts, 100+ Likes)
I guess china partial lockdown affected the listing since this issue depends on china for import/export. Majority of specialty chemicals are under pressure from last few days as well.
Buy only if anyone can hold for medium to long term.........
599. ipobull| Link| Bookmark|
November 21, 2022 10:02:40 AM
IPO Guru (1000+ Posts, 1000+ Likes)
Archean is up and running hard as expected
599.1. ipobull| Link| Bookmark|
November 21, 2022 10:09:43 AM
IPO Guru (1000+ Posts, 1000+ Likes)
Once again the GMP floated by many in this forum as well as the website itself has gone for a toss. A premium of 125 was being shown by the website whereas the stock even went down to 444.
599.2. ipobull| Link| Bookmark|
November 21, 2022 10:41:11 AM
IPO Guru (1000+ Posts, 1000+ Likes)
Overall market sentiment is negative today and that may have also impacted the listing of Archean.
Very bad listing looking into the figures of GMP. In this case GMP at all level came unrealistic. Market sentiments affected the listing. After 475 it has started coming down. No doubt the IPO was looking good for listing gain. It is better to wait and watch at present. Market looks risky looking into the today's market sentiments.
595. Arca| Link| Bookmark|
November 21, 2022 9:44:44 AM
(1000+ Posts, 500+ Likes)
Hi Arca.....I too made some quick 3000 rs with pre open qty.
But I bought as CNC and sold as CNC, will it be considered as intraday at the end, or any technical difficulties??? Please throw some light as I did intraday first time :)
aspirant Nothing to worry. It's still an intrady trade. If you buy intraday, you cant keep it for delievery but if you buy CNC, you can sell in the same day.