FOR ATTENTION OF 1744 I AM SURPRISED TO NOTE THAT YOU ARE SAYING COAL INDIA WILL BE PUT IN F&O.SEGEMNT ON THE VERY DAY OF LISTING PLEASE NOTE AS PER SEBI's DECLARED NORMS A SCRIP CAN BE LIST ONLY AFTER SIX MONTHS FROM DAY OF LISTING IN CASH MARKET. PLEASE EXPLAIN AND REMOVE CONFUSIONS .
@ 1744: coal India's listing date 04/11/2010. This will come in f&o also on the same day so we will see good speed in the share price on the listing day.
WHY MARKET WILL NOT CRASH AFTER COAL INDIA IPO UNLIKE RELIANCE POWER IPO IN JAN 2008 - AN ANALYSIS
a)Period-Jan 15,2008 to Feb 15,2008 (Market Crash) FII Outfow - 30,000 crores DII Inflow -16,000 crores
Inference : 1)Sudden Outflow by FIIs can create panic among RII/HNI and trigger market crash which cannot be controlled by DIIs. 2)Sudden outflow within short time can be done only by FIIs
b)Period-Feb 15,2008 to Mar 15,2009 (After mkt crash to the market low)Bear Market FII Outflow- 80,000 crores DII Inflow- 65,000 crores
Inference : 1)DII is able to match the financial capacity of FII more or less but market follows the FII. 2)DIIs make big loss
c) Period-Mar 16,2009 to 31,May 2010 (Bull Market) FII Inflow-30,000 crores DII Inflow-24,000 crores
Inference : 1) FII is the winner again but have not made sufficient money.
d)Period-1 June 2010 to till date FII Inflow -60,000 crores DII Outflow-40,000 crores
View above, it is my opinion that FIIs will trigger new market highs, make HNIs/RIIs to participate and then quit triggering a crash. What Operators are to Aster Silicates, Prakash Steelage,Bedmutha etc, FIIs are to Sensex,Nifty.
Therefore a crash now at this juncture is totally not in favour of FIIs and FIIs will at costs keep up the same momentum in the market.
Regards,
xxx
Note : Above view is my personal opinion with limited knowledge and would welcome any other opinion
forget coal india...invest in deepak fertilizer ...doonno y but every friday it jumps 5-7% in opening trade and then again eventually settles at the opening price.....