What i do is i search for the news and expert comments not by the experts but the investers and general traders. I feel more confident following those people's knowledge rather than what they say in channels and newspapers.
I think BREAKING NEWS and TAJA KHABAR Both have some credibility.
I called Karvy for three times and got the same reply and finaly they said, everything is ready but they can not allot anything as some high level meeting is going on rightnow.
Sarika, U can get tips from your broker. When u feel market is bullish u can buy in instalments. Advantage of phased investment is u need not put tight stop-losss (tight stop-losses trigger in volatile market). However, if your stock (A Group stocks) drops >15-20%, don't hesitate to book loss. For other stocks, strictly exit if drops >25%. Don't worry even it recovers after u sell, in that case v don't have luck. Don't believe persons promising guaranteed returns or unusually huge returns. MARKET IS SMARTER THAN ANALYSTS.
Thanks for your inputs..! - If you are NEW to this field, you can not trust on yout study. So you need someone's input. - You are correct, the OPEN RECOMMENDATIONS go wrong.
In this case, from where one should get guidance? OR FIRST ONE HAS TO MAKE SOME LOSS AND THEN LEARN FROM IT?
Sarika (as u r new to stock investment):- 1. The first priority is preservation of capital (stop-loss) 2. Be risk averse, 3. Develop a personal system for selecting, buying, and selling investments. Most Analyst opinion who give advise openly (TV, internet) will go wrong. No analyst asked to buy at March / Oct lows. 4. Market moves on technicals. Usually when fundamental analyst give buy calls, stock comes down often. 5. Invest 15% - 20% of capital at a time & when market tanks don't quit, keep investing (eg: additionally invest in stocks when Sensex tanks 5 - 10%). 6. News counters / result counters are risky (buy on rumour & sell on news).
It depends on your goal of investment. Let's say, I have a goal of 50% return and listing will happen @30%, I will not exit. - I will do fundamental check (Delivery, Result analysys) and then I will revise my goal and decide time to exit.
I think, every investor should be having some price target when they onvest.
CAN WE REFRAIN ON ASKING.. #1- When allotment will be done?
I think, all here are either long term investor OR looking for listing gain. In later case, advise of HOLD will not work. If someone is long term investor, they will hold it for sure.