At current levels, I would like to only trade. However, for investment, I prefer to wait for Nifty to decline below 5200 levels with two years horizon.
Hi Ravi, Thanks for the detailed information on Shree Ganesh. I too hold about 300 shares at IPO price. Shall I hold it or book loss and invest in some other stocks like ICICI,Reliance which are available in cheap price?
ONGC will go ex-bonus and ex-split from 8th feb. so you can buy it at around 280-290 on that day. May be high/low depends on the next 2-3 days share price movement.
Gane.
440. CLD| Link| Bookmark|
February 2, 2011 9:22:02 PM
Top Contributor (500+ Posts, 100+ Likes)
Will any one tell on what date ONGC is going to trade at one forth of its value. Is it on 8th Feb. when it goes Ex-bonus & Ex-split or on 9th Feb. which has been declared as record date.
omkar share primiyam is [ 10.5 per one sher purchase ] and [ 11.5 per one sher sold ] only for gujarat and bombay, SAHI pahechaAn dene se hi kaam ho shakta he
In SBI, it is an usual way that it will first release the lien and then nearly after 1/2 day only they will debit the account with such amount...
It is an usual method followied in state bank, for every allotment....
So if you got the conformation from registrar you can go and sell it...
434. SkDash| Link| Bookmark|
February 2, 2011 11:03:52 AM
Top Contributor (1000+ Posts, 200+ Likes)
Sonmaya-434 I was confused about allotment. Got mail from linkin that shares allotted, but SBI made my lien free (no debit) so i was in doubt regarding who is telling lie and finally SBI debited my a/c. Anyhow today sold my all shares @ 628.
433. SONMAYA| Link| Bookmark|
February 2, 2011 9:56:57 AM
IPO Guru (1300+ Posts, 500+ Likes)
dear sk,i dont,know y u have made mistake of not selling yesterday,v have sold omn monday itself at 626/-..and everything is o.k.
Indian market is not driven by FIIs but by operators.In past its driven by Mumbai's operator but now a group of operators grow in Hyderabad.The war is between them & SEBI is silent watcher.