Sridhar, Gem IPO & others. What is u r strategy on NMDC for listing day of FPO, it looks that most of ppl are going to sell in morning and may buy by evening. Is is worth holding for some time or do want others are doing.
Plz let me know whether the share of NMDC can be sold on the next day after they get creidited in the demat account.Somebody has told me that the FPO share will also list.
market needed trigger for downside rbi ups repo and reverse repo by 0.25bps next week will be so volatile.not good for nmdc bcoz it become very senstive stock now but nobody loss money that is for sure.
strong chances FPO shares will list arround 315-322. if you want earn more. you need to stay long. this stock can test 307-310 level on listing day. but overall NMDC is a very good stock. three months targest is somwhere 480-525. happy investing
Everybody will make atleast 50rs profit even if the market goes down so dont sell in advance as the upside is 500rs.
Those who did not apply are feeling left out as there will be full allottment and minimum 50rs profit unlike other ipo where you get only 20-25 share for full application and that too in some cases through lottery.
The profit you will earn in nmdc will be much much higher than any other ipo.
in my opinion NMDC will be on top pick in April around 500 because iron ore price is hiked by 40%. Retail investors will get 22% shares only. So very limited shares available. Don't sell in a hurry
When u are sure that the price of NDMC will fall 20% then why r u afraid of Auction. In any case u will be benefit. But in my opinion market behave contra. so never act in hurry
if n m d c shares are going credited in d mat on 27 march than sell it on 25 march for getting better rates for listing gain because on 27 march when u sea n m d c in d mat the rates would be fallen by 20 to 30% from current rates