Huge selling from those who got allotment at 110 for quick profit booking While quite a few are still holding them at that price. Once its sold off , they can only buy at current price (ie > 135)..so profit booking will be less and buying and holding will be more. More buyers then..the price will increase steadily in coming days..thereafter market conditions will takeover Only my thinking ;) Not sure if it will behave that way..
Huge selling would mean more sellers and less buyers, this essentially means price fall as more supply, less demand. For every sell, it has to be equated with a buy, but prices go up and down based on the demand.
Thats what i mentioned. Huge selling at 135-139 that were brought for 110. And buyers can only at >35. Seems like you didnt catch the other lines my friend ;)
Any site give breakup of activities / volume in a particular stock for a period Just for e.g 1. % of algo trades ( HFT ) in equitas in overall volume from 10:00 to 12:00 am 2. % of retail trades in equitas from 10:00 to 12:00 am.
1761.4. Eagleye| Link| Bookmark|
April 22, 2016 8:30:44 PM
IPO Guru (6600+ Posts, 22000+ Likes)
Stocktime,
You really believe an IPO stock will have High Frequency Trades (HFT)
1757.1. Septa| Link| Bookmark|
April 22, 2016 10:44:34 AM
(4000+ Posts, 4600+ Likes)
as all know i am long term investor so my time horizon is always 2 to 7 years..... in six months i can only guesstimate the price will be up from these level
1757.2. Eagleye| Link| Bookmark|
April 22, 2016 10:45:57 AM
IPO Guru (6600+ Posts, 22000+ Likes)
1757.4. Septa| Link| Bookmark|
April 22, 2016 10:51:57 AM
(4000+ Posts, 4600+ Likes)
180 to 220 will be fair call looking at REPCO share price movement
1756. Septa| Link| Bookmark|
April 22, 2016 10:20:08 AM
(4000+ Posts, 4600+ Likes)
lot of people would have short yesterday and looking at delivery % many have not covered yet so short cover in day and monday will have a positive effect... Also all bulk buying have happened at higher level 144 -147 level in big quantity so all this will reduce the market spreads so it will have positive effect on equitas
I have found some IPOs not covered for naked short selling. Like pushkar. Donno if it holds true for all IPO scrips.
But why do you call short selling "naked" @#@$!!
1756.4. Septa| Link| Bookmark|
April 22, 2016 11:19:02 AM
(4000+ Posts, 4600+ Likes)
actual my understanding is naked short is not allowed however after first hour or so broker house has a fair idea of how many shares will come to it client since many have 3 months settlement window frame. share and cash get settle in t+3 or T+6 or whatever is ur understanding however this share and cash still in the books of broker he actual then settle the cash and holding once in 3 months by SEBI guideline for all cash balance and holding so broker arms lend this share for protective sellers that is my understand of shorting of IPO. Naked Shorting is short of share without actual owning or have borrowed share it use to have a lot in olden days but now it is hard to find a good broker who will do it.
One big and good example of IPO shorting is reliance industry IPO every investing how Ambani senior foxed all big time bears so shorted his IPO i recommend all to google and read it
As per my understanding, some brokers allow naked shorting of ipo stock on listing day but will have to be settled on that day itself, if not, client will have to pay auction charges, can be upto 10-20%, depending upon demand-supply of inter broker mechanism.
Since equitas generated good returns on listing, there will be more number of investors interested in Ujjivan expecting to be making similar gains. But issue size for ujjivan is smaller. So the greater interest in a smaller size offering will result in oversubscription being about 4 times of equitas. My guess is that it may get oversubscibed 50-60 times. When that happens people are going to realise that chances of allotment are low. That would make them to turn to the micro finance firm already listed so buying of equitas from the secondary market would pick up, atleast till ujjivan gets listed. After that it will revert to a question of valuation multiples comparision on whether to buy equitas or ujjivan.
1752. Chem cho| Link| Bookmark|
April 22, 2016 9:20:41 AM
IPO Guru (2600+ Posts, 2700+ Likes)
FI were not allowed to buy share as their holding is 49 % stipulated by RBI for SFBs ALSO note , at all times ,at least 26% of the paid up capital will have to be held by residents or domestic investors , said the statutory guidelines for SFBs.