1183. BullOverBear| Link| Bookmark|
September 21, 2017 2:41:38 PM
Top Contributor (300+ Posts, 100+ Likes)
From one of the previous IPO''s great listing, an observation was
- IPO with good background, and in IPO season with bullish mkt, got oversubscribed - As expected from good company''s IPO - bombastic listing and rise followed - Thereafter profit bagging, followed by few days in doldrums as niche investors expected more but then ultimately took exit - After a while bulk deals (may be some new DII or FII had target based investment, and buying starts ==> MEANWHILE, along the time, the naive IPO investors got lost and took-out money at low prices (then listing days) so that they can apply for new IPO as it was IPO season. They missed the rallies during DII & FII buying spree
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And am sure this is not story for Only one IPO where niche investors lost patience.
1183.1. BullOverBear| Link| Bookmark|
September 21, 2017 2:43:09 PM
Top Contributor (300+ Posts, 100+ Likes)
Take above with pinch of salt, it cannot be true for every case, though for many cases its more or less similar
A very simple answer You already sitting on 8K profit. Yes it has recovered very well from 2624 What is the tension boss?? You can wait and can sell it above 2900.. But if goes downward then its upto you that how much profit you want to cash on Simple Thing-- Never Lose Your Capital in market...
This is the portfolio stock don''t sell it...as seen the three-day volume this is decrese gradually...take 2700 as a stoploss and stay invested this give decent return and whose like to add they wait for the result or add half quantity at this level
STAY INVESTED IN THE MARKET...BE HAPPY...JAY HIND
1176. Chem cho| Link| Bookmark|
September 20, 2017 11:46:40 AM
IPO Guru (2600+ Posts, 2700+ Likes)