Alloted 40 shares, existed at average of 145.55, only loss of brokerage around 5Rs. in the morning, try to cover that loss and it went upto loss of 115. Finally one more loss in my IPO list. No problem, I earned in pradip & persistent.
Intra-day is only for professional traders having various tools. Blindly (without any tools) don't trade in future also. Your trading should be automated. Emotion should not come in between. Human emotion does not allow to cut loss.
Trader does not require good brain, but certainly requires good nervous system.
In my opinion, traders can hold long with 148 as strict stop-loss. This business is not impressive. Long-term investors need to exercise caution.
friends. ye sochne wali baat hai ki jo ipo apne valuation me bahut hi high rate pe market me sebi se clear hoke aate hai to un ipo ko sebi market me aane hi Q deta hai. IPO k listing k baad sab expert kahte hai ki ye ipo ka price band bahut hi high hai to pahle Q nahi sab ko bataya, muje to lagta hai sebi aur sab expert dono mile huwe hai. tabhi to ye shree ganesh,pradip over, jaise ipo k dwara sabhi invester ko khulle aam loota jata hai.............. MERA BHARAT MAHAN 100 ME SE 99 BEIMAAN Ab tu hi bachana BHAGWAAN HARE KRISHNA HARE RAM.
I have shortsold 500 shares of intrasoft at 138.5 and now booked my loss at 152.80. This time luck didnot favoured me. Lost money heaviely. Will not trade for some days.
issue price is Rs. 145 and now market price is Rs. 155 profit is just Rs. 10 and lot is 40 = Rs. 400 Profit - (-Brokerage + Taxes + DP Charges Rs. 100) so net profit is only Rs. 300 only after one month Headech + Risk,