149. aRYANrAJ| Link| Bookmark|
November 26, 2010 5:07:00 PM
Top Contributor (600+ Posts, 100+ Likes)
As per zee business source 3 FIIs from Korea, Hong Kong and Japan off-loaded all holdings they had at around 1035-1050 am. A DII from India and an AMC brought market on track after 1230 when europe opened 1-2% down buying SBI, ICICI and INFY otherwise NIFTY would have closed 150 points down. The fact of the matter is index doesn't looks falling down so much so in compare to shares price falling. In reality apart from 4-5 NIFTY superpowers all dragged it down.
The price wavering is not only for punj, dlf and unitech. Almost all shares were like that. HPCL went to 398 and then it was up until 421 and then settled in 412. Oil inida went to 1340 and then it moved to 1380-90. Since I dont want to take much risk, i did not play with it.
I think powergrid will be in 100s by next week if the market is green. Lets see.
CLARIS LIFESCIENS IPO HAS BEEN EXTENDED TILL 2ND DECEMBER AND THE PRICE BAND HAS BEEN REVISED TO RS 228 TO RS 335 PER SHARE
140. aRYANrAJ| Link| Bookmark|
November 26, 2010 3:55:44 PM
Top Contributor (600+ Posts, 100+ Likes)
You can average at current price also. Punj is one of the best fundamentally strong company with bad results. The order book looks very impressive. I acumilate Punj time to time and sell them all in profits always. Last trades were during sep end to few weeks ago I accumilated from 127 to 122 to 117 and sold all at 132-132.55. I was expecting it to breach 100 when 115 couldn't save its further fall (day before yesterday hovering around 112-115, yesterday 102-110). Today it kissed 82 according to nse charts for milo-mini second around 10.39.02 am and soon at 10.40 it was at 85. I still feel 90 is good support and company is execellent without doubt. Don't know how come good fundamentals like NTPC, Praj, Punj are beaten so badly.
As for Claris it's date extended upto 2nd dec and price band reduced by rs. 45 now at 223-248.
138. aRYANrAJ, I am holding 50@170, today I missed a golden chance of averaging this share.
138. aRYANrAJ| Link| Bookmark|
November 26, 2010 3:30:29 PM
Top Contributor (600+ Posts, 100+ Likes)
Sirni,
Punj 79 was a freak trade. I myself had bidded 100 @ 80 when it breached 90 and went to 86 in no time. But it bounced back in no time and never saw 80s levels and kept hovering around 90s all day. My bids remained pending and didn't trade.
Today I have sold 197 shares at 96.55 and holding remaining 100 shares for the future. Also I did't gone for CLL, same strategy for MOIL.
Srini.
BTW anybody observed these shares in intraday, punjlloyd from 80 to 98, Unitech 46 to 62, DLF 257 to 287. I missed the chance.
136. Chem cho| Link| Bookmark|
November 26, 2010 3:17:05 PM
IPO Guru (2500+ Posts, 2700+ Likes)
The issue claris lifescience at 4 pm has not subcribed with nifty stocks down about 10%from oct 10 highs and mid caps have crashed some what 15 to 25% claris even if redues it price is not worth applying for ,as sentiment for the issue is bad and market are volatile as the markets have crashed by 550 point( niffty ) i will be happy if hindustan copper issue is delayed by 10 days so that refund of moil and sci will come i hope by this time most of you have sold power grid stock i donot find any upside immediately the same money can be used to apply in moil ,and/or sci and hindustan copper good luck i have already applied for moil today
Today I bought LICHF @ 937. I think I will keep it for sometime. Also I bought cairn @ 301. I sold powergrid @96.5. Still holding shares from 1 full apllication.