Chaman Metallics Limited IPO Message Board (Page 2)

Yes sir! 🫡.
Operators are daily putting buy orders (approx 1.05l shares)in lower prices;and they keep lowering the buy prices to bring the price down.We must hold.

Any stoploss you have in mind @Ssingh sir?

@SSingh. It's clear some people manipulating by Fake BUY orders. 50.25 is breaking point, Something going to happen at this point.

I don't want to differ but in my opinion, you are wrong here.
Operators play with your minds and due to more than enough money, they can turn the tables anytime.

@ipo share,
You have well narrated about Chaman Metallics. one other reason for this lackluster performance is huge issue (apart from general SME market weakness). Though my average price is 61, however, I dont bother about this fluctuations.

Both Chaman and Earth both are fundamentally strong stocks with Hem - tag, those having patience will be rewarded handsomely. (Disclosure: I have huge investments in both and could be biased opinion unintentionally)

Thanks

Jab tak retailers ke pass majority of shares hai. Price rise mushkil hoga.

Already sold at 54.....i think it will go below 50..

Kal hi 50 ke niche jayega. 45-50 me trading chalegi kuch din

Lets see....45 would be good entry point if it comes there...

50.25 ke niche nahi jayega sayad
Dekhte he kal

Hope so @JJGG, lekin jese retailers 9 bje se hi sell order ka pressure create kr dete hai....Traders buy hi nhi kr rhe...ek appeal sab se hai k ek do din sell order place na kare agar urgent cash requirement na ho to..

Even 3-4 orders of friday for 30k shares were put to deceive the shareholders.
Caution again-My analysis can be completely wrong. Kindly put your diligence before taking a decision.

@Ajay Khosla. Completely agree with your points Ajay, Yesterday they are just put the bulk orders in 54-56 range(No buying just increase the Quantity)... today morning around 9.03 AM they just put buy orders at 68 range within minute they change into 56 range. Whatever analytics or hypothesis we do everything in operator for short term. I'm leaving 3 unit for long term, not going to follow Chaman. Let's concentrate on upcoming ipo's.

@vikkyjohn. If possible can I know more on study side?... volume Trend V/s price analysis or just hypothetical points or something else?

Being a 20% Cuircut, and CMP below listing Price. It will be difficult to hit UC.

As it has to face too much selling pressure btw range 64-68.

if it was 5% cuircut instead of 20%, then there is definitely high possibility.

Expected to give good movement, but no UC without any bulk buy deal.

However i will be happy if they do that, as i am holding a lot.

Agree with you Gaurav DD Dimer.
Even if it moves in upward direction from here, it will have to face a lot of resistance in the zone of 64-68 and the selling pressure can be huge in this zone.
Actually, a lot of hype was created for this company and it created a hope to the buyers to get the profit too soon. And when people didn't get that profit for even 20 days after listing, they started selling the shares in loss due to their lost hope and want of funds for Earthstahl and other SMEs. I also was not able to bid for Earthstahl because of execution of the funds in Chaman
Now, Macfos looks very promising but I cannot bid for that too due to execution of all of my funds in Chaman. Hope that Chaman soon brings Chaman bahaar although chances are bleak.

Chaman is definitely a long term bet. Company has got 180 crores loan to expand business. This would take atleast 1 or 2 year to utilise the funds entirely to develop infrastructure.

Dear all,
This company will do really good as SBI loan to SME's not simple process. (Chaman have assets worth more than 200 C, which allowed SBI to give loan for a SME company and one director from SBI will ensure good governance). The expansion notification to increase the capacity to be completed within a year.

I have added 5 lots more today. Those who have patience, this will give rich rewards.

Thanks

@MRavichandran Sir. Thanks for your valuable comments, From last 15 days almost 10+ models, almost all models indicated same. So, finally have today decided to not follow this day to day. at-least 1 year will not touch this one...

@gurumahadev @mravichnadran...which is good among.earth and chaman..if u choose one..?

@ipoaspire. Chaman. Reason: Expansion plan.

@gurumahadev apart from its expansion plan.sector wise which is.good..for.a.term.of.6 months for.good rewards..even though chaman is expanding the supply side constraints will effect it for few months to years but the loan emi payment will not stop,and i feel this may create a pressure on the company..please explain

If they show profit of 7 crores as few are saying here (ipoaspire, arjun Rajkot).

then it has a capability to cross 150.

Logic
Last Year Profit less than 2 cr.
7 Crore is 3.5 times.

Price = 36*3.5 = 126 (Minimum).
Don't know about short term movement (1-2 lc was definitely expected due to profit booking, but how much max, don't know).

i am holding my both lots till results.
you can decide as per your understanding/capability/risk appetite of holding.

Don't panic..the company sector is good and RBMINFRACON has no listed peers.the company has huge growth prospects.definitely it will go to 150 levels ofcourse with fluctuations by removing weak hands...

@IPOCB,
Agree with @Gaurav DD dimer and @Ipoaspire.
Also I said in RBM page earlier, its very good stock to hold for long term as the sector will do good (this company has all potential to grow) and surely a multi-bagger.

Thanks