Dear Sridhar & SK Dash thanks for your views... I am holding onto 400 Alloted shares...
What is the possible price point i can get a chance to sell today... I will/must get out today itself... I do not want to holdon to it beyond today....
SKDash, This is not a servalakshmi paper type dark house.This is utterly predictable stock.Innoventive is a overpriced fundamentally good stock .It will remain range bound with constant selling pressure.
220. SkDash| Link| Bookmark|
May 13, 2011 11:19:10 AM
Top Contributor (1000+ Posts, 200+ Likes)
219-Divya Pl dont go for either short or long unless u get the clear direction. From time to time-buy order position is getting increased. At the beginning it was buy-1 lk and sell 18 lk and now it is but-3.90 lk and sell 16.10 lk. As per me- if it will cross 117 and be there for 10-15 min, i will go long or else if it will fall to 90, i will go short for safe. Incase you trade in range bound- yr SL will hit again and again
Hi, I am new to this board... I do belive the market condition will change and will be positive for Innoventive industries , Currently it is range bound but good chance to go at 110 Level and good long tern bet...so hold the shares
i did not apply for this ipo not because of comapany fundamentel or gmp but the REASON was lead manager AXIX BANK see the recorod of axix bank ORINT GREEN POER -4.47% JAYPEE INFRA--10.09 MANDHANA+2.81% SHREE GANESH JWELLERY-37.21 KNR CONSTURCTION-14.25% THESE ARE ALL LISTING DAYS POSTION AND NOW SEA INNOVATIVE -13% FROM CMP SO ITS MY APPEL TO ALL RETAIL INVESTIOR AT LEAST WATCH TRACK RECORD OF LEAD MANANAGER WHICH IS AVAILABLE IN CHIITOREGARH SITE. IT WILL GIVE YOU SOME IDEA TO APPLY OR NOT
If we dont apply in these IPOs we can do tension free trade. I did what Gundu Anna did, but only for 50 shares - bought at 93.70 and sold at 104.25. Earned for todays little shopping! Let us see if I can play some more little innings.
Can anyone explain, why Innovative Industries and Future Venture Limited has set the price at LOWER BAND. When every company i.e. Emmbi Polyarn, Servalakshmi, Omkar, Paramount etc have fixed the price at UPPER BAND, why Innovative and Future Venture has set the price at LOWER BAND?