I think JNK will list around Rs.565 to 575 looking the yesterday's market conditions. And move further above Rs.600 l will wait for 10 to 15 minutes after listing & take the decision accordingly. Its my strategy not the suggestion. You do according to yours logic.
I am looking to sell all lots today in JNK and some recently received ipo and some stocks which I m buying recently and in very good profit because in election month market going volatile and I don't want to take risk. But hold idea atleast may end.
Surat Grey punters asked all to place the sell order at 225 (LC). means, they are planning for a weak listing and post listing action will be there . i think we should skip pre open selling.
In share market no advice is perfect , at the most it can be newgen consultancy 's advice
533.11. GJ Eighteen| Link| Bookmark|
April 30, 2024 6:39:16 AM
Top Contributor (300+ Posts, 100+ Likes)
@Redhu Jind In Ahmedabad @300. Correct me if I am wrong, It doesn't make any difference till equal or more number of elephant 🐘 buyers available, as that both trade will be outrightly settled. The grey sellers will place order either at the said price or at lowest possible selling price and buyers will place similar order at hjghest possible price. So they both will be settled. This will make little impact where there is atleast some large chunk of retail buyers who prefer to buys at middle desired price or issue size is quite less.
Companies with future tech (Hydrogen tanks) & manufacturing usually do well.
533.16. Abhii VPG| Link| Bookmark|
April 30, 2024 9:19:08 AM
IPO Mentor (900+ Posts, 300+ Likes)
@WorthLearning ji As per my knowledge, Punters’ participation is way higher than anyone in listing particularly. QIBs n Anchors come in action post listing if they are excited about the company!
That would be smart strategy. If your whole idea was to get returns on listing, please exit tomorrow.. for long term, you will get another entry chance after the recovery..
@Agrawal S: Same here, my target for this stock is to book anything above 25% gain (which is best in 5 days). I will exit today on listing, whenever my target is achieved.
Fundamentally the stock is good, no doubt about it, but the listing day price will be on higher end. Hence, I may think of reentering the stock, when it corrects later.
532.6. Agrawal S| Link| Bookmark|
April 30, 2024 9:45:20 AM
Top Contributor (800+ Posts, 200+ Likes)
Exit done @621
532.7. Agrawal S| Link| Bookmark|
April 30, 2024 11:35:19 AM
Top Contributor (800+ Posts, 200+ Likes)
I made an exit, 1 lot at 620 in the morning; and other one 700. I personally believe, this is over priced, anything over and above 625-650 levels. A good level to enter shall be around 550 levels.
I can be wrong, but this is what my analysis stand at this moment.
530. abc xyz| Link| Bookmark|
April 30, 2024 12:11:10 AM
IPO Guru (1100+ Posts, 1100+ Likes)
Tomorrow the selling from RETail & niis may be absorbed by the QIBs & mutual funds. The FIIs & mutual fund try to cover the big 💪 chunk from them by creating panic among the small investors. QIBs high subscription may be
1 OPM of JNK : 27 % which is highest Thermax : 8% Patels Airtemp : 9%JNK : 27.72 Thermal: 8
JNK Doing business in Renewable energy sector & Currently active in making India as Hydrogen hub. Which is more than enough for making the stock attractive. Now let's wait for tomorrow.
530.1. abc xyz| Link| Bookmark|
April 30, 2024 10:01:03 AM
IPO Guru (1100+ Posts, 1100+ Likes)
Greetings of the day. It was expected that JNK will give super duper results for the investors. I put a bid of Rs. 630 in the pre opening session and successful in it.
The reason for this great story is Highest profit margin Presence in Renewable sector & Hydrogen
530.2. abc xyz| Link| Bookmark|
April 30, 2024 12:14:29 PM
IPO Guru (1100+ Posts, 1100+ Likes)
As I said yesterday that JNK is the perfect candidate for intraday trading.
I got the successful JNK @ 621 & sold it @695 level. I hope others too have earned well through intraday. Thanku JNK😀😃😉😍
530.3. Seth.| Link| Bookmark|
April 30, 2024 1:28:17 PM
IPO Guru (1100+ Posts, 500+ Likes)
Excellent prediction and Nice trade , Congratulations for Good Profit. 👍😃
530.4. Smile✍️| Link| Bookmark|
April 30, 2024 1:35:48 PM
IPO Guru (1600+ Posts, 900+ Likes)
Will receive good dividend in 1-2 months Holding tightly
530.5. Esparando| Link| Bookmark|
April 30, 2024 1:45:21 PM
Top Contributor (500+ Posts, 100+ Likes)
But what is also interesting is the heavy intraday volumes.
I haven't sold my allotment yet. Getting 10,000 rs per retail lot (36shares) . Should I keep it for next 2-3 days ? If it goes like bharti hexacom it may give 14-15k per lot. Experts Opinion plz
@abc xyz Thank you sir.. On your advice, took trade & kept it open..
I Feel it will behave like Bharti.. Will exit tomorrow or after 2-3 days..
Keep sharing & guiding..😊
530.8. abc xyz| Link| Bookmark|
May 1, 2024 11:34:08 PM
IPO Guru (1100+ Posts, 1100+ Likes)
Very good👍 news for VI.
Vodafone Idea is likely to enter MSCI Global Standard index in August rejig, says Nuvama.
IF this comes out true, Vi may reach 18 level easily.
529. RajBreaks| Link| Bookmark|
April 29, 2024 11:33:54 PM
Top Contributor (300+ Posts, 300+ Likes)
QIB Applied : 74.40 Times bNII + sNII + Retail Applied = 27.73 + 15.94 + 4.20 = 47.87 Times Means QIB In Full Force To Get Allotment.
What I Feel, Around 10% of NII's Who Got Double - Triple Lots Will Try To Sell As Early As Possible And So Do The Retails Around 25%. Together Which Becomes 35%.
On The Other Hand, QIB's Will Buy No Doubt, But Their Strategy In Recent Times Seems Like, Let The Panic or Rush To Be Created Among Retailers And NIIs To Sell. So That Price Comes Down And They Can Buy.
No Doubt, Pricing On The Higher Side, But Kya Kare, "Garmi Ke Season Me A/C Ka Bhav Aur Thandi Me Heater Ka Bhav" Always Increases. Otherwise Company Is Good Business Has Future Potentiality.
Baaki, Who Can Sit Tight And Hold Tight Can Get The Price Like 630 - 720 Rs Very Soon.
And Like Always, Do Not Put Any Unnecessary and Use Less Pre Open Sell Order. Simply, U Set That Particular Price That You Want To Sell, Be Ready And Only Click The Mouse or Press The Sell Button Once Market Opens.
Sir, As in preopen buyers mostly put buy order on upper price band and seller put sell order on lower price band. Due to this price discovery happen and some time we end up in less profit or in loss although GMP was good.
Can we do one thing, that we also put a sell order in preOpen but with the double price of GMP I.e., issue price + (GMP × 2) at approx 675. Does this can help us ?
If yes than we all should put order in preopen with 675 and help this issue to settle higher and as it will be below our order price we will retain our share.
Please guide 🙏
529.3. papon| Link| Bookmark|
April 30, 2024 6:42:22 AM
IPO Mentor (500+ Posts, 500+ Likes)
@Thor , no point putting order at such high price. Gmp is 130 + 415 issue price comes to around 545. So put order around 540 to 550 to get your order executed if you want to sell in preopen. In most cases your order will get execute. And if you don't want to sell in preopen than why to place and order
@papon Sir, I am just trying that we all set order very high. So, price equilibrium will take listing price high.
529.5. RajBreaks| Link| Bookmark|
April 30, 2024 9:32:19 AM
Top Contributor (300+ Posts, 300+ Likes)
Who Got 2/3/4 Lots Will Sell Some. But Do Not Put Pre Open Sell Orders. So Chance Is That Opening Price Be Higher.
Happy Investing.
529.6. RajBreaks| Link| Bookmark|
April 30, 2024 10:32:37 AM
Top Contributor (300+ Posts, 300+ Likes)
630 And Almost Near 720 And No Faltu Pre Open Selling Order. All Worked.
Happy Investing.
529.7. RajBreaks| Link| Bookmark|
April 30, 2024 7:20:14 PM
Top Contributor (300+ Posts, 300+ Likes)
A good unexpected listing day return. But still someone can enter for a medium term view but only between 630-600 level and SIP till 540 Levels if comes down.
Hopefully mmm. Some sources confirmed that pinters are creating a fear situation to get most of the shares at Lowest posible price.
Don't sell at pre market.. otherworldly miss out the good profit
527. abc xyz| Link| Bookmark|
April 29, 2024 11:31:06 AM
IPO Guru (1100+ Posts, 1100+ Likes)
Greetings of the Day. Congratulations to the all for the allotment with less Competition as the retail subscription was not upto the mark.
Watch this datas carefully and it speaks all and nothing much required after analyzing it. 1. Bharti Hexa : QIB/ retail : 48/3. Listing : 570=755 2. Mankind : QIB/Ret: 49/0.9 Listing : 1080=1300 3. R R : QIB/ REt: 52/2. Listing : 1035=1180 4. Global Health: 28/.88 5. Listing: 336=401 The subscription figure shows that the response from QIB is excellent & retailers have not shown good interest. Ptesently all these scripts are doing extremely well and those who have shown courage in these issues have earned well without any competition and got almost the full allotment.
Lastly JNK is going to be a dark horse 🌑🐎 as it deals in green Hydrogen & Renewable energy sector.
@abc xyz , so can we buy JNK in preopen for intraday to ultra short term?
527.5. abc xyz| Link| Bookmark|
April 29, 2024 7:10:54 PM
IPO Guru (1100+ Posts, 1100+ Likes)
@Jey Nayak I am doing this type of trading in which QIB number is greater than Retail + NII. I haven't got the loss but gained handsomely since long time. If you can do it confidently, it's upto you.
Till now I have gained in Intraday in following scripts on the opening day of the stock. 1.Bharti Hexa 2. VI 3. Mankind 4. Global health 5. Jyoti 6 BLSE, RBZ & .........
Wishing you Happy investing with confidently & fearless.
Surat Grey punters asked all to place the sell order at 225 (LC). means, they are planning for a weak listing and post listing action will be there . i think we should skip pre open selling.
527.11. abc xyz| Link| Bookmark|
April 29, 2024 8:46:34 PM
IPO Guru (1100+ Posts, 1100+ Likes)
The short to medium target of VI is 17-18 Rs. but put strict sl @12.20 level. Hope SL will not operate due to strong QIB intrest & support from authorities.
Those who wants this target to be achieved, Support VI sim. 😀😃🥲
🐍 cobra gang buying in retail allotted application at 4555 according this 126 around premium. Expected to list above the premium. And other side Elephant 🐘 gang may be slipping otherwise it’s should be go above 150 up surely.
521.1. MAMU| Link| Bookmark|
April 29, 2024 10:03:48 PM
IPO Guru (1700+ Posts, 1100+ Likes)
ISSUE CLOSED already
520. Esparando| Link| Bookmark|
April 29, 2024 9:27:44 PM
Top Contributor (500+ Posts, 100+ Likes)
I think except for some users whose source on GMP is genuine, most of the other people I think are just trying to add few percentage points to the existing GMP while it is in uptrend and reduce few percentage points when GMP is in down trend... may be mostly to capture attention... funny :-)
While GMP is updated regularly in associated website of CG (investorgain.com), many members who have contacts with local dealers post inputs over here. Why will someone manipulate info like GMP for attention sake 🤔