I bought at 66. Now at 52. Can I hold for my price or not? :( Making more loss...
567. SkDash| Link| Bookmark|
February 10, 2011 9:31:26 AM
Top Contributor (1000+ Posts, 200+ Likes)
Not a good day. No chance of getting any money either by intraday (not allowed on first day)or by short selling (not allowed since it is in red). Ravi, Bangalore- what r u doing ? I think, it will nt be wise to buy intraday because no hope to go up at least to issue price. whats ur thought ? note-i didnt get any shares by allotment- thanks God
@GANE YES, THESE DAYS SBICAPSEC DIDNOT ALLOW INTRA DAY TRADING ON LISTING DAY U CAN BUY IT IN DELIVERY AND SELL IT SAME DAY THEY WILL CHARGE INTRA DAY BROKERAGE BUT WE CAN NOT SHORT IT IN THAT WAY TOMORROW MORNING I LL TRY TO CHECK IF THEY ALLOW INTRA DAY ON THIS SCRIP , THOUGH THE POSSIBILITY IS VERY LESS
Dear Friends, Its direction can be known only after listing.Gane's opinion is worth following.We can go long as long as it trades above Issue price.
551. Chem cho| Link| Bookmark|
February 9, 2011 8:51:33 PM
IPO Guru (2600+ Posts, 2700+ Likes)
NASIR 540 YES IT IS TRUE BUT I HAD ASKED TO HAVE RS 10000 IN ACCOUNT OR MAXIMUM RS 20000 / EVERY THING IS COVERED WITH RULES BUT EACH RULE HAS AN LOOP HOLE AND THE AGREEMENT WITH THE BROKER WE DONOT READ OR HAVE TIME TO GO IN DETAIL OF THE CLAUSE
I dont expect this scrip to open below issue price. It will surely open above issue price. It has a grey market premium of 4.5 - 5 until today. So if it sustains this level for first 30 minutes that is above 103, one can go for trading.
I expect this to list above or close to 105 and go further ahead until 120 or so irrespective of market condition. atleast for short time. If the market is weak, nobody knows what will happen. If the market is good, probably it will go further than 120.
Sreedhar can give us more accurate predictions. I am also waiting for his tips for tomorrows trading in omkar.