Thank you very much for your reply. means, 17 different Ids, 17 demat accounts and 17 bank accounts right? I would like to understand the how allotment will be happened and what is the criteria to get allotted?
904. Septa| Link| Bookmark|
June 30, 2016 3:54:15 AM
(4000+ Posts, 4600+ Likes)
1/8 APPLICATION WILL BUY MORE I AM EXPECTING THIS WILL HAVE A STELLAR RUN ON LISTING HOPE TO GET IT CHEAP. WISH IT LIST LIKE UJJIVIAN AND THEN FLY BUT I DOUBT IT WILL HAPPEN
Septa Sir. Applied from 2 accounts. zero out of 2 allotted.
1. Do you think we can buy in secondary market?
2. I am not able to assess if it is LIFO kind of stock. (Last in and first out)
3. Will it be like Thyrocare or Ujjivan. (Thyrocare came down soon after listing. Ujjivan doubled after listing with good run up).
If someone says, it will run up like Ujjivan, I can confidently buy in secondary market. (or) If someone says, it is like Thyrocare, I will keep away from the secondary mrkt trade for MGL.
Thanks in advance (all other members RKS sir, Uchit patel, nasirul, Eagle eye can answer)
Shivajee, if the listing is at around 480-500 range buy immediately without thinking. If the listing is above 550 wait for it to fall to 515-530 levels to buy. But do buy. Its a very very good stock worth keeping in ur portfolio for very very long term like 10 yrs or so.
Shivajee, I also hope that the financial planner is of some help to u n u r researching about investment strategies suggested. Especially the mutual funds suggested have given the best returns of 30-40% every yr for last 5 yrs. Hope to hear from u soon abt ur research and ur view about the financial planner suggested to u.