I think you said the stock will trade below Rs.285. If that is your thinking then I believe you should open your big mouth only when the stock crosses Rs.285 on the downside and not at 330 or 320 or every time the stock goes up and down 3-5%.
as told yesterday this stock is down 3% today it wont ake more than a week to fall below price of 285 rs.
yuo have now to sell ur lcd and laptop to recover loss in nmdc.
i told you govt has made fool as this was last disinvestment in recent time and govt want people to stuck in this ipo. rec hold well because govt money for nmdc and aslo because rec is better on valuation too
237. jitu Mar 13, 2010 4:33:32 AM IST Report Spam i applied 280shares,5 appliation price may fix at 300,retail investor price will 285 share price may 330 so investor will get 45 per share so they may get 12600 per application
THIS STOCK IN ONLY 15% AWAY TO FALL BELOW PRICE AT WHICH RETAILERS ARE ALLOTTED. CONSIDERING IT WILL TAKE 10-12 DYA FOR THIS TO BE ALLOTTED THERE IS HIGH CHANCE IT WILL FALL BELOW THAT PRICE AS 15% DOWN IN 10 DAYS IS VERY MUCH POSSIBLE
what is the difference between NMDC and REC is as under
if you follow technical chart REC had made low on the last day of it's issiue closed and when HSBC had bid for rs.207 it had jump sharply and then never turn back
where NMDC had problem as it had gone down 20rs. today and unless it makes any significient bottom there is every chance that it may fall down tomorrow also. as i have already expalin that FII'S target of NMCD is rs.240(personnaly i beleive that it will not fall down below rs.300-310)