163.1. lokes| Link| Bookmark|
October 13, 2022 12:59:40 AM
IPO Guru (4400+ Posts, 5100+ Likes)
in my view, its a good company to hold/buy for medium to long term but only thing is most of recent sme's including this (those which are having good subscriptions) all are having good enough gmp and listing also strong so if buying at such high prices during preopen or post listing will be beneficial or not we can't say, means will we get better price to enter in some weeks or not is a tough question....or risk reward ratio etc.... anyways here it can list around 163-168 approx....good buying will be considered at 150-155 or below....above 175 profit can be booked....
In my opinion, the best Listing day strategy is to ---- SELL all the allotted shares. REASON - we still do not know the market demand and supply for a particular share. However good or bad the company (valuations) is. The bottom point is that the market is supreme. Till the time markets adjusts the price we should wait.
Long-term investments as suggested by experts/brokerages are based on a lot of research. And that too they put a caution. So in my view, IPO is not the pace to take long-term investments. Just be happy with the listing gains/loss.
163.5. lokes| Link| Bookmark|
October 13, 2022 2:41:52 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@hostpacker: i wish your below 150 listing comes true so that we can buy at some good price...but mostly it won't happen.... I kept my listing/buy/sell prices little higher as per recent most SMEs performance too....
@lokes ji.. What an estimate Lokesji, so accurate..! 🙏🏻👌🏻🙏🏻👏🏻🙏🏻
162. lokes| Link| Bookmark|
October 13, 2022 11:37:35 AM
IPO Guru (4400+ Posts, 5100+ Likes)
This also listed well above expectations and now at LC (not strong).... So from the good subscription ones, cargosol/insolation/cargotrans listed within range or below so were a good buy....concord listed below because of circuit limit in preopen so kept going well after opening, rest steelman, cyber, vedant listed above expectations and even performed well later..... This frog if comes around 155 in 1-2 days then it can be bought i think....
Friends dont be in a hurry to sell in the pre open. Just keep an eye on Buy & Sell order volumes after 9:35. If you see sellers flocking in, then sell it. If Buy orders outnumber Sell orders by a big enough margin, then wait for at least 1 hr post listing to see the movement and then decide whether to exit straight away or to sell on day 3/4..... Not a long term bet if it lists above 160..... Rest do follow your fin advisor.
Sold 1200 @176 Its moving towards lower circuit..... LC will come..... But those who hold may sell today else wait 3-4 days..... It may make a new high before settling below 160
Request someone to please clarify one issue: Have account in ZERODHA Shares credited into DMAT but in invested the amount is showing 0.00 with a red triangle. Tried to solve it by going to console and add manually but no success.