I have applied 40 shares at Rs. 300 thru my sharekhan demat account but still status in Processing. Can anyone tell why status is still processing? even i am not able to see application number.
all retail investor who have applied at cutoff will get share at rs. 285/-. NMDC has a support at Rs. 330, hence it will not go below this. after receiving the share in your Demat a/c don't sell in panic because within two months it will go to Rs. 485 and 500 because the new contract of NMDC with all the steel companies are due in April May and chances are that they will increase the iron ore prices to atleast 50%. happy investing. and wait for 50% gain soon in short term.
You can short sell the shares by placing the sale order to your broker. Don't cover your position by the day end. After 3 days your share would be brought by the exchang in acution. Probably 3 days later the price of NMDC would be 280.
Heeeee........Heeeeeeee.....Enjoy profit with short selling.
Hi Friends could you help me on below I have applied 160 on cutoff(350) price I will be getting 5% off on 350 or it will alloted to me on 285 and when we should expect the difference amount back in our account
CAN ANY ONE PLEASE TELL ME HOW CAN I DO SHORT SELLING I USE INDIA INFOLINE TT FOR MY TRADING.I LL BE HIGHLY OBLIGED IF ANY ONE OF YOU GURUS AND SPARE SOME TIME THANKS IN ADVANCE
I am short selling this stock since Rs 391 and covering the same in auction at a discount to the closing price of 3rd day. Till now made profit of Rs 1.5 lacs. My target for this stock is Rs 250 on listing day and will keep on short selling the stock till listing.