Retail sell on loss !!!! Still reliance power they are holding since ipo .. It''s a popular myth that retail sell on listing if loss. Retail sell only when listing profit otherwise permanent portfolio stock
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July 13, 2016 10:06:56 PM
Top Contributor (500+ Posts, 100+ Likes)
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In this issue HNI had only 20 % allocation but it subscribed only 10 times. This shows that it was not considered a beneficial issue by HNI otherwise it could have easily got subscribed at least 50 times in HNI category in which allocation was so less. It seems some retailers have appled in HNI category which has given an illusion that smart money of HNI has applied in this IPO. IMO that one should get out of this stock as soon as possible. Retail has 50% allocation & QIB 30%. There will be tremendous pressure of selling on listing day due to large allocation to retailers who sell on first opportunity.
All experts are confused about this IPO. Ab tak toh open close high low tgt aa jaane chahiye the. AM Naik ki shatranj ki bisaat mei experts charon khane chitt ho gye
Those who get allotment n who r flippers should do it as early as possible. Dont have very high hopes. It will list in positive hopefully and is likely to fall below issue price. Best strategy is to wait after listing and keep constant monitoring on the price movement. If u feel its dropping dangerously down sell immediately without second thoughts. If price remains up keep holding n see till where it moves. But remember- KEEP A STRICT STOP LOSS OF 715. If price falls below this then sell.
For LnT Info BURI NAJAR VAALO KA MUH KAALA.....see on listing date of LnT info, all criticizer will disappear from this forum as this IT company makes their fingure in their mouth and all lucky persons who get allotment will enjoy good profit......thanks god for successful allotment..thank u....