Sir - I have sold 100 at 947. 100 at 867. Left with 220 shares. What should I do. Please. Advise
745.4. ipobull| Link| Bookmark|
July 27, 2023 3:34:20 PM
IPO Guru (1000+ Posts, 1000+ Likes)
Nice that you have already made some profit. So, either you can partially/ fully sell at around 945 levels or wait for more upside in future depending on requirement of funds.
Dear ipobull. Please share your views on senco gold. Thanks
745.6. ipobull| Link| Bookmark|
July 28, 2023 10:56:15 AM
IPO Guru (1000+ Posts, 1000+ Likes)
Senco has made a pretty nice base around 380-385 levels. So a nice upward movement will be there in this quarter and particularly, the results of Q3 will be super considering Covid is over and Dussehra, Dhanteras and Diwali adding to its sales volumes.
I feel one should hold on to their allotments. This is one of a kind company dealing with AI in India and mutual funds & institutions will have large appetite for such stocks. Personally I wouldn't like to sell a single share before 1200-1300 range.
Holding on to allotted 420 shares. Added 80 more at 895.
Please, take your call based on your risk appetite.
742.1. Mr. Agrawal| Link| Bookmark|
July 27, 2023 2:06:16 PM
Top Contributor (500+ Posts, 100+ Likes)
I did opposite today .. bought at pre-open and sold in free fall.. where you added more .. nice move.. what gives you such confidence ???
@Mr. Agrawal , Sir I'm simply trying to play the AI theme here. US listed AI stocks have had a really great time and earning projections have been upgraded for all the companies working in AI. This is one of the only listed companies in India operating in AI domain.
Obviously there is risk of high valuations but I'm willing to give away some portion of my profits for further gains.
More than 1.14 Cr Shares traded till now.... Nearly 60L delivery trade. Total Shares in the market: 1.26 Cr Anchor Locked Shares: 37 L shares Net Unlocked Shares: 89 L Delivery Trade done 60/89= ~67% Obviously QIBs have also sold majorly in addition to retailers. That reflects as selling pressure. But it should bounce back for sure. Everyone wants to book profits. Supercompuuters, Cloud Computing and AI..... This company is in the sector that is hot cake and will remain so for many years to come. It also has a first mover advantage now. This for me is fundamentally a PF stock for long term. Not selling, Stop loss @800. Willing to risk profits. Personal assessment. Not an expert so no recommendations.
741.2. PLAZA| Link| Bookmark|
July 27, 2023 1:12:25 PM
IPO Guru (2400+ Posts, 1300+ Likes)
@Justalearner The same calculation we predicted in Idea forge and failed so in share market everything is possible and nothing 100% predictable
If upward movement was expected because of the bulk deal, it did not happen today. Will it happen tomorrow or in the coming week. We saw an upper circuit in Cyient DLM a day after Nippon India's bulk deal.
Also https://www.nseindia.com/get-quotes/equity?symbol=NETWEB
The Deal has not been updated yet. When can we expect it to be updated.