I think the booster for this stock yesterday was the news about a govmnt offical promotion of indegenious manufacturing of solar cells. Hopefully it is not just a blunt statement without subatance. I think they had announced the same thing for modules and delayed implementation as they were unable to manage to get sufficent manufacturing in india. Note: bought post listing and riding the euphoria
1212. Seth.| Link| Bookmark|
September 5, 2024 4:59:30 PM
IPO Guru (1200+ Posts, 600+ Likes)
As I told on listing day "It was pure panic sell after listing"✅
It was very obvious to see some selling pressure technically because listed with high premium and 3000 cr big size but Many short term Retailers/HNIs who sold on listing and Also told everyone to sell by posting Irrational points , That's created and spread "Unnecessary more panic"...
No Fund Houses are "fool" to sell market "Leader" buisness with huge "order book" and Highly Experienced Promoter That's why no bulk sell on listing day was observed
Eventually they will buy more if upcoming Quarterly performance will show same growth as Q1 Earnings
Almost all stock see volatility before becoming multibagger Example : Inox India , Jyoti CNC, Azad engineering , Kaynes and many more
So you should have patience If Stock and Sector is Fundamentally Strong like Premier Energies to see it becoming multibagger in future...
@Seth. Damn true brother i too told on 1st day its jist panice sell by RETAIL N HNI 😅 they just cant digest more profit so got satisfied with what they got 😅
1212.2. Seth.| Link| Bookmark|
September 5, 2024 5:35:04 PM
IPO Guru (1200+ Posts, 600+ Likes)
@SJ❤️ ✅Yeah , Many investors like us holding with patience and avoiding unnecessary short term noises : )
@Seth.Sir @SJ❤️ Sir...लोगों ने अपना माल आने वाले IPO के लिए भी निकाला हैं...
1212.4. SJ❤️| Link| Bookmark|
September 6, 2024 12:18:22 AM
IPO Mentor (700+ Posts, 200+ Likes)
@CRF KOTA YEAH that might be reasion but many big player in group i cant understand they have lot of fund then why they sell always in preopen 😅 Personally holding many good company i am not gone selll this stock too 🙏🙏
1212.5. Seth.| Link| Bookmark|
September 6, 2024 12:35:09 AM
IPO Guru (1200+ Posts, 600+ Likes)
@CRF KOTA Yep it's ok if small capital investors can exit on listing but they should also hold small free quantity if company is good
And the issue is many HNI investors with crores of capital sold and boasting around "How clever and good investors they are by selling early" , that's induced panic to selling many others without any rationals on company's business and postion...
Tomorrow it may open or reach 1040-1055... But iny correction of market u may get it around 952-953 ..go for it daily put order aeound it .good luck ....
@Chhote Lal great,bottom fishing here. enjoy the run and profit !! Congrats!
1209.5. Simply Vicky| Link| Bookmark|
September 6, 2024 10:53:52 AM
Top Contributor (700+ Posts, 100+ Likes)
@Agarwal S i am holding 1025 shares avg price rs.907...what is your strategy for it??? I am holding for long term.
1209.6. Agrawal S| Link| Bookmark|
September 6, 2024 11:24:19 AM
IPO Mentor (1200+ Posts, 300+ Likes)
@Simply Vicky Ji, i am a very small investor. Seeing the qty you hold in this single script, you must be already having your own sets of strategy. But genuinely as an outside opinion i can say today morning was perfect profit booking opportunity for someone eyeing very short term profit. i made one of my relative to book full profit @1178 who was more interested on short term profit. But for long term I don't see any concern, will add if i get an opportunity with a bigger dip.
1209.7. SJ❤️| Link| Bookmark|
September 6, 2024 11:24:19 AM
IPO Mentor (700+ Posts, 200+ Likes)
@Simply Vicky brother your are holding FUTURE ORIENTED STOCK if u have trust on yourself N company JUST forget it for long term 🙏🙏 MANY up n Down will come in this RIDE 🙏🙏 Just a simple thought on this take your own decision 🙏🙏
Personally gone hold for long term want see what profit are going in my portofilo 🙏🙏
1209.8. Simply Vicky| Link| Bookmark|
September 6, 2024 11:26:59 PM
Top Contributor (700+ Posts, 100+ Likes)
@SJ❤️ @Agarwal S i am also holding 10000 shares@55 of Ireda bought in pre open.i have firm belief in this sector(renewable energy) with government favouritism. I hope that these investments would help me to achieve my financial goals at the earliest. Thanks once again!!!
1209.9. CB☺| Link| Bookmark|
September 7, 2024 1:31:40 AM
IPO Mentor (1400+ Posts, 400+ Likes)
@Simply Vicky Good to see you holding ireda. I too holding my hni lot. It has given joy and pain both. The slide is so strong that i repent not sell at 300+. OFS may cause more steep fall. What is your expectations from IREDA in next 1 year? Do you see it crossing 300 level again?
As for Premier Energy, by reading the posts here and seeing action in market it occurs to my mind frequently that I have lost the last IPO rocket flight and may not see another😔🥺 Missed at 803 level, my GTT was at 800 and was hell busy on listing day and could not track.
@CB☺ Bro perhaps u have more knowledge than me of share market but let me give 1 input here ... Gtts and nornal order would be like 802 for buying and 899 for selling just example
It has worked for me nunerous time ...here too i have put buying order at 804 and it bounced from 803 .....it happens due to strong buying at some landmark levels 800s and 700s or 100s for any share so bhuying it should be 802 804 an selling it should be 899-897 this is the way i operate and it works for me many time Just my observation
Congratulations@ultrasnow sir... God has rewarded you for the risk you took basis your conviction.. I also bought it at lower levels.. what is your strategy about booking profits... or you are holding it for long term???
@ultrasnow 😁😁 First of all big smile on my face to see how great move u took n still u strong on this even i am strong too 🙏🙏 PATIANCE PAYS of Hamdsomely 🔥🔥 enjoy money rain 🙏🙏
@an Investor what are your quantites n at what price 🙏 first of all i would say its long term play stock its future oriented it can go so long because There is no sky limit it will go high then consodilate n again fly so enjoy money rain 🙏🙏
Taking out the listing day high and closing above that is a very good sign. Tomorrow's price action becomes very important now to decide the fate for next few weeks. Recently though most of the breakouts have failed. So, short term traders should be a bit alert. Long term ones can decide for themselves based on their fundamental study.
@SJ❤️ Sir, I have seen all your post and comment since listing of these script but due to shortage of funds for Bajaj IPO... I was confused for selling between SME (beacon )stock and main board ( premier ) stock.I had sold these script Today I want to sell @Beacon Sme stock also but didnt sell and it's trading 16% up It part of Short term profit /loss Thanks for the guidance
@SMEARV BROTHER ATLEAST U SHOULD HOLD FOR DAY END 🥲 i told morning only if it break 870 next target 900 n it breaks with volume then i posted that there is no RESISTANCE direct 990 which was pre-open rate see it easily cross PRE-open then at circut people started selling due to they all again feel it will call 😅 but see your day gain might have been 75k n over all 256k of this ipo but no worries enjoy big profit 😉😉🙏🙏 all the best for BAJAJ BROTHER 🙏🙏🔥🔥
1199. MuStrFc| Link| Bookmark|
September 5, 2024 4:12:30 PM
IPO Guru (3000+ Posts, 2400+ Likes)
UC hit and broken. Recent buyers can exit once if playing day to day given there are still pending outcomes overseas that can cause temporary hiccups and buy again on dips.