Chaman Metallics Limited IPO Message Board (Page 15)

I was busy this weekend so couldn't check here....
In my view, Expected listing may be around 70 to 74...And for new buying, can be good if getting around 65-67 or below levels...profit in short term can be booked if getting around 78-80 or above levels in/after listing ....
Seeing huge subscription here in hni it looks like some ipo funding might have happened which may come for sell...
Anyways company looks good to hold for long term as it has shown good and consistent growth in both top and bottom lines in last 3 years and issue pricing is attractive but this sector has many big established players too so if growth can be maintained for 1 more year, it can become 4-5x from issue price....

Keep holding both… This should be a multibaggar..👍👍

What target should we assume according to you @SSINGH Sir?

The simple strategy I usually follow is mentioned below.

I always put sl at listing price and if you notice when the stock is about to give mutiple x returns it does not go back to listing price during its bull run.

For you a lot depends on what type of investor you are.If you are a short term investor like me who rides momentum then you should put sl at listing price and just sit back...if it is going down from listing price book 1 lot and set sl for another lot at -10% from listing price.

In my view chaman should keep getting ucs every new day like recent trend of good ipos.you are just allotted shares at 7x pe which is very attractive.

my final advice is do not sell if it it is going upwards,sell only when stock stops momentum upwards.That doesnt mean you just sell stock after 1 lc just keep tracking the stock and make your plan according to mentioned points.

Hope It Helps🙏

@Jay here
Jay bhai i am not getting any good sme ipo due to over-subscription
Should I buy at pre-open
Baki to sirf block unblock hota he gain-bain kuch milta nahi

@Jai Jai Garvi Gujrat
That depends on lot of factors such as your risk appetite,availability of fund and type of investor.
For chaman I believe continously uc will be there but stock market is unpredictable :)
If you want to buy in pre,buy with strict sl.This may generate good returns in short/long time.

I rarely buy smes post listing🙏

Stop loss kaise lagega, agar Stock LC me hoga .

Thankyou @Jay here sir! What price would you assume is right to sell? Around 100?

@Mr. Investor…. I depends on what risk profile and holding habit you have, if high risk, hold both and if low, sell 1 on listing and hold 1, but don’t sell both lots in any case.
About Gargi and Drone, I wasn’t allotted either and bought both on listing day, your lots were transferred to me …
👍 Best wishes…

Thankyou @Avenue sir! Will hold both lots. Hope you're enjoying your profits in PNGS & DRONACHARYA 😜.

@Mr investor , You are so Lucky , Try to take a lottery. allotment in drone and pngs gargi, that cool .I really want to know the allotment jouney, how much lots are u applied? in case of chaman , i am really positive on short to medium term. good management , main issue is that have some cyclicality in their fundamentals.

Future view about droneacharya price. When will lc open?

@mr.investor..... as u mostly sell on pre-listing....keep ur strategy intact with some change...having multiple lots u can sell one on 1st or 2nd day and then keep on for long term....as this is going to reach or list double its value till 2nd day or can list even higher, u can leave the 2nd lot for long term as it would be basically a free lot for u and keep the stop loss for 2nd one by end of the day at lowest makret price of 1st day.....

Congrats. Third party or direct.

1/11 Shagun Ka Swikar Kare Linkintime Ki Taraf Se :)
Enjoy The Bull Ride Of Multibagger💰💸

@Amit and other experts like MRavi sir, Noorul bhai, lokes bhai
What should be the listing strategy here? I'm a first time SME allottee, and don't want to add, don't want to exit on loss too. 🌞

Learner sk ji all self accounts. No third party.

Jay j thanx.

Value seeker ji enjoy the listing gain n exit.