Barbaad ho gaye yaar...I am having 259+259+259+129 OMKAR I ma still holding it...I can hold if it can be bounced back in near future...Mr. SREEDHAR/all experts guide me what to do...Its huge loss gight now... I dont have the guts to book the loss
I lost 26000 in two full application. Even now I am holding this stock. I thought that after 2.30 those who had shorted might cover their positions. But, the stock was hammered heavily. Operators had played a reverse trend on this stock, which no body had expected.
Let see tomorrow, same gambling may happen with +ve momentum. If not have to sell at loss.
Today i lost 6000rs in Omkar and earned 1000rs in intraday in Omkar itself. i am not worrying for my loss today. already i have earned 1000 to 2000 rs in around 3 ipo's so i hope i can get back my money in upcoming ipo's. for that i need you guys tips
i have bought 1000 shares of omkar specialty at 55. Shall i wait for some time?
622. SkDash| Link| Bookmark|
February 10, 2011 5:07:19 PM
Top Contributor (1000+ Posts, 200+ Likes)
620-Ajay bhai I hv 2 nifty PE 5200 at 75.45 and 68.45. It is closed at 78. Hope nifty will go below 5200. I have the small target of 90. Will see in the morning otherwise will exit at around cost+brokerage (78).
Friends, IVRCL,LIC Hsg etc are bruised & battered.Those who have lost money can buy everonn,HDIL,IVRCL,TALwalkars with a view of one year to gain great returns & compensate this loss.I had once bought Everonn at 170 it went to 110 but aftyer 1 year it was 600.Similarly BGR I bought it at 140 it went to 110 & after 1 year it was at 800.So buy 30 percent now & add after every 15 percent downfall.You will get fantastic returns. Buy when in panic & have patience.
i dont under your trading type. which you mentioned . can you explain about that. " i bought Idea put strike price 55 at 1rs of lot size as 4000. My maximum risk is limited to 4000rs. But gain is unlimited.
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619. SkDash| Link| Bookmark|
February 10, 2011 5:02:07 PM
Top Contributor (1000+ Posts, 200+ Likes)
Ajay-617- idea 55 put is now 1.40. u could have told us when u bought. ok,lets see tomorrow
Dear navfame, 95 percent of 100 percent who have been following xyz for the last 1 year have made more than 25-30 k in HMVL,CoxnKings,Ravidistilleries,Oberoi realty for 1 lakh application & super returns in several IPOs.Even if omkar goes to zero it will be just a drop in ocean for those people. Point is whether you trade or follow a person you should be consistent.You should put same amt whenever you trade or follow advice in every matter.
Dear CLD, Your point on Mutual funds is taken but one sparrow does not make a summer,so one IPO failure does not dent anything from people who have been following for 1 year.I am sad I lost some money but I am more worried about first time investors who have suffered loss,I have gained & so have people who followed me many more times than this loss suffered & by the time I could post message it went down to 65.Lot of Midcaps including IVRCL,BGR Energy whichever company you take have lost more than 40 percent.I have given a reply in which I asked where are the mutual fund experts who asked to pile onto Axis bank,ICICI bank at 1500 & 1250-1300 resp.Shall I post the experts views who have asked to buy at 1300.The main drawback from mutual funds is they can never be more than 10 percent in cash,so they have to compulsory buy stocks even if they do not like the market level.If this looks like immaturity from me please excuse me. I have often asked people to exit once issue price is breached so many times. I have given 10 stocks to buy,I will be there after 1 year & lets see which mutual fund beats the returns of these companies. Sorry for offending you.
@621 Sunil. A & @622 AjayIndian: I bought Omkar at 67 and now stucked at this level. Will it bounce back and cross 75 in 2-4 days time? Pls advise or I shud buy Auro Pharma at CMP for target 375+ in a month time? Or anything which can cover my 40% loss (4k loss) in 3-4 days time.
I won't recommend to enter into these ADAG stocks now. Their lower bottom is finalised. Now risk/return ratio is not good. RCOM will hover around 90 level for some time even results are worst. I had sold yesterday only at 10.50rs. As per Sreedhar advice, i didn't bought nifty put today. However squarred-off yesterday's nifty put. Nifty Put 5200 bought on Tuesday at 48 and sold today at 65 Nifty put 5100 bought yesterday at 34 and sold today at 43.
i will not buy any put now for 2-3 days, as market may go for some pull-back. So better to wait n watch. If you want to take risk then IDEA will have better risk-reward ratio compared to RCOM/AIRTEL. It has not corrected too much in this rally. It should come to level of 50-55.
very sad listing... All i want 2 say is that making money is imp btt protecting ur capital is more imp. 95 out of 100 people in ths forum has lost money by listening to the advice of some xyz person. Frnss in ths market condition apply only in fundamentally sound ipo. Lets have ths as a good lesson for future.
Do not sort any of ADAG stocks now. They are now at bottom and there is no chance of going further down. Also ANIL AMBANI's history says that he can involve some operators in his stocks for some manipulation. However i have an idea to buy put of IDEA cellular...
We have lost money in OMKAR today. To compensate this loss, we can now look into Airtel and Idea Cellular. All the telecom companies are under pressure because on extra money to be paid for 2G spectrum. Most affected are Airtel and Idea. If market slides below 5190 level, then there is very high chance to sort these two stocks. However, i will not take risk with Airtel becuase of there global presence and there DTH section is also doing well. But correction in Idea is due. It can go down till 50. Today, i bought Idea put strike price 55 at 1rs of lot size as 4000. My maximum risk is limited to 4000rs. But gain is unlimited.
I may sell it tomorrow, if market outperforms. Otherwise will carry it till Feb expiry.
Dear Sreedhar/Ravi, Bangalore can guide us well about this. Ravi bhai waiting for your response....
610. SkDash| Link| Bookmark|
February 10, 2011 4:21:33 PM
Top Contributor (1000+ Posts, 200+ Likes)
Ajay Indian- All ADAG stocks seen a bounce back today. Is there any chance of entering into RCom put ? Hope,u hv exited today. I thought 2 watch tomorrow and then will decide. As per me, its better to concentrate on nifty PE rather than PE of any specific stock, it will hedge the full loss.
This was my first investment in market......hav 60 shares @ 98.......lost 3200 in single day ..huge loss.....what to do next? Should I Hold or Sell......:(