Goenka Diamond & Jewels Ltd IPO Message Board (Page 5)

I have purchased 500 shares of goenka at 112. Please tell me what to do.

shorted 1000 at 104

I have short sell all ipo,fpo on opening and cover at closing same day , i have made 850000 profit in last 1year today is my day.

hiravi,shreedhar,gem ipo finder,
thanks for ur valuable finding ,also suggest wheather to puchase LIC housing finance , at these level. please suggest any multibegger.

THANKSSS

SREEDHERBHAI @ GEM IPO FINDER

KOI NAYE IPO KI INFORMATION

GOENKA TO LIST AT 95 RS WILL REACH 80 RS AND WILL THEN FALL TO 65 LEVELS.EXIT ON OPENING

GOENKA TO LIST AT 95 RS WILL REACH 80 RS AND WILL THEN FALL TO 65 LEVELS.EXIT ON OPENING

everyone please purchase 1 share of jp hydro in all your demat accounts to be eligible for the shareholder reservation in category in the forthcoming JAYPEE INFRATECH IPO.

PRINCEEEEEEEEEE,Short sell dangerous hai.Texmo ka fundamental value 60 hai phirbhi woh 150 ko reach kiya.If you had shorted Texmo thinking it was a weak stock you would have lost heavily.Short may be beneficial but it would be dangerous as in the case of intrasoft wherein it shot up from 120 to 160.Aage aap ki marji.

HI ,GEM IPO FINDER

SIR GOENKA KITNA DISCOUNT ME OPEN HO SAKTA HAI OR INTRADAY ME KITNA LOW JA SAKTA HAI MAIN SHORT SELL KARNA CHAHTA HU?

PLEASE REPLY SIR,,,,,

PRINCEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

Ravi,1 point I had differed from you is I never used online tools for trading.I do keep tab of supports & resistances of all the stocks which I trade & also trade only on fundamental Value.Thats why I had never indulged in IFCI,RNRL,Ispat & all other such stocks during the bull market of 2007-08.The points which you had mentioned were instrumental in my succesful trading.

sreedhar

in such a cases where some part of the ipo shares are reserved for share holders of the co or another co, there only mean share holder it does not provide any particulers no. of shares u should be shareholder

in case of jp infra those who will bid under sh quota will first be alloted under reserve 10% for balance share applied they will be consider with at par with other bidders,

Excellent piece Ravi,Congrats.Keep it up (:
You have given all the points for trading.The points about Paper trading & volume are very important.I did 3 months mock trading only before I started trading & my volumes have remained same for a period of time,only that it have increased from 10000 per day to the present position.Presently I am doing quarterly results trading.

Ravi,bangalore
Hats of to you!! great work,
I am in market for more then 15 years & doing day trading for last 5years (full time), however i had never come across such good expalaination on "day trading " inspite of reading "whose who" books
keep it up ravi
People like you are great help to all of us on this site.
Once again" BIG THANK YOU'
milnds

again koi mera naam lekar apni maa-ben ka bid karwa raha hai mai nahu lunga re teri ben ko saal e ja kisi aur ke pass

gem ipo finder Apr 15, 2010 1:36:33 PM IST
Goenka Diamond & Jewels Ltd

I will buy Goenka shares tommorrow immediately on opening at every level. Goenka may give surprise profits.
Let us see what happens.

INTRA-DAY TRADING TECHNIQUES

At the outset, I don't prefer intra-day trading without on-line tools. However, some of these point may help you to control loss (not guarantee that you make profit).

If US Markets have gone up overnight, the markets here in all probability will open strong, so one should be quite careful when buying stocks as the general psychology of public is to buy when good news is there.

Being a contrarians is very important while trading intraday.

Stop loss is a must while trading intraday.

Always trade in very liquid stocks i.e. which have very high volume because as entry and exit can be very fast in such stocks.

Do paper trading before you actually start trading so that when you start making paper profits, then shift to actual trading.

Keep your volume constant e.g.: if you invest Rs.10,000 per trade then invest Rs.10,000 only. This position can be increased only when you are satisfied with your trading for a month. It should not be that one day you invest Rs.10,000 and next day you invest Rs.50,000 and third day you get a loss and stop trading for two days.

Fear and Greed are at maximum levels while trading intraday so always have less position when you are new to intraday trading as otherwise you will be mostly under tension.

How to make money in intra-day trading?

DIFFERENT TRADING STRATEGIES :-

We can categorize or divide our strategies as per different time frames & situations for better understanding.

1. MORNING 30-MINUTES STRATEGY.
2. TRADES AFTER MORNING TRADES.
3. TRADES DURING QUARTERLY RESULTS.
4. GAP OPENINGS OF MARKET.

* MORNING 30-MINUTES STRATEGY *

This strategy is based on understanding the moves of the BROKER. ( sentiments )
If you track the Close price you will wonder the Open price of the trade day is not always the same as that of the previous days Close price. It is because the major brokers (BIG TRADERS) according to the sentiments lay a trap in which small traders get trapped and run into losses. If we understand the brokers mind we can make profits 90 % times in normal market in the first 3 to 30 minutes of trading.( Remember you should close your positions in this time frame )

Take the following figures and trade plan with you on the basis of calculations given below. We will call it Brokers Strategy ( BS )

Difference between HIGH & LOW of previous day i.e.: D = ( H – L )

Now BS = D / 3

BUY PRICE = ( Pr. Close – BS )

SELL PRICE = ( Pr. Close + BS )

For understanding the BS one should understand the following……..
STRONG SHARE or STRONG CLOSE (close price is higher than previous close) &
WEAK SHARE or WEAK CLOSE ( close price is lower than previous close )
Now on the basis of above calculations you are ready with the figures i.e.: BUY PRICE, Pr. CLOSE & SELL PRICE of STRONG SHARE & WEAK SHARE separately.

Now on trade day if STRONG share opens anywhere between Pr. Close & BUY PRICE you can BUY first & keep for sell @ SELL PRICE as your target.
The Trap :- As the broker opens the share at a price lower than Pr. Close one gets the feeling as if the share has become weak and sells it, thus falling in the trap.

On trade day if WEAK share opens at or above SELL PRICE you can SELL first & buy later @ BUY PRICE as your target.
The Trap :- As the broker opens the share at a higher price than the Pr. Close one gets the feeling that the share has become strong and buys it thus falling in the trap.

Note: For this strategy Preferably take shares with high volumes & less volatility(not operator driven stocks). This strategy will not work in GAP OPENINGS. This strategy requires you to be very fast in taking decisions and accordingly positions. Furthermore One should compulsorily come out or close the position in the mentioned time frame. Life is not that easy and if you find that your position was wrong immediately square it ( close it)
REMEMBER TO CLOSE POSITION WITHIN THE TIME-FRAME MENTIONED
FEEDBACKS WELCOME

Whether you make money using above formula? That is not assured. Remember, above is very basic strategy. Even using advanced strategies, it is very difficult to make money consistently.

There is no perfect formula for making profit. When I find one, I will stop working!!!

All the people who have not applied for Goenka are advised to adopt a wait & watch policy.Naked shortselling or buying need to be avoided as both are fraught with great risk.Any trade may cut both sides as Goenka is a small issue.

FORTHCOMMING NEW IPO'S APPROX, DATE
NITESH ESTATE 21-24,
PNC 29-04 MAY
EMMAR MGF 22-26 APRIL
GLEENMARK GENR 29-04 MAY
SJVNL 29-04 MAY
TARAHEALTHFOOD 22-26
J.P.INFRA 29-04 MAY

...................IPO KING

Investors should not have applied.

Traders / Punters should be ready to take loss. Intra-day trading is not an easy task. If breaks issue price & retraces again, then holding short is risky (just in case of Intrasoft).

goenka matlab, go paisa enka. kinka tumhra, reddy for loss