Cartrade is fast becoming bhangertrade seems.... Already warning at every label since 1500/1400/1300/1200/1150 to exit immediately ....some one even criticize that dont aware buisness model ...noe it becoming garbage everyday... Many trapped
almost same numbers in cartrade, but it saw discount opening
209.2. CSK| Link| Bookmark|
December 9, 2021 4:55:26 PM
Top Contributor (300+ Posts, 500+ Likes)
@stockterminator-- How long we can see the same thing again and again??? Gland, craftsmen, Zomato, Sheelafoam, Macro developers, Sona Cams all are the same stories but listing after listing performed very well. I am confident on this company. I also admit my view failed in Cartrade. Still i am holding my IPO lots.
@stock terminator.. when its comes to comparing d numbers.. always take size of the issue into consideration.. figures can''t reflect the whole and soul story.
That brings me to the tired question: what should one do with their allotted CarTrade lot?
Always in restraint of Mrs. Crow.
209.5. lokes| Link| Bookmark|
December 9, 2021 6:39:23 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@guys: stop comparing car trade now always, forget it now, you better know every ipo is different and you can''t relate anything to anything. if there was cartrade/krsnaa/windslar etc who performed bad in listing with good gmp/subscription then there are many examples who performed well with bad subscription/gmp like sona/zomato/grand if taking about listing only. After listing in medium term, many others are there like angel broking/barbeque/macrotech.
@crow: So funny :) this question is the mystery now for everyone :)
209.6. DuckkyDuck| Link| Bookmark|
December 9, 2021 11:09:10 PM
Top Contributor (200+ Posts, 200+ Likes)
@crow @lokes - You wont believe what pity I have done in Cartrade. I was lucky to not got allotted in Cartrade. But on its negative listing and fall I bought it at 1470 worth 1 lot, thinking to myself what smart work i have done.
This makes 2nd lesson of the day : Life does not puts us into problems. Its us who brings problem in our life.
I have done some technical analysis, I think Cartrade will not go below 800. Either it is making a bottom a 900 right now, or max it will go to 800 and make a bottom there.
I would say average between 800-900 range.
209.9. lokes| Link| Bookmark|
December 10, 2021 12:14:18 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@noorul : i also thinks same :) and its no fun, its really happening like this. i am observing it daily from long time and exactly same thing happening and i always keep thinking in my mind that tomorrow i will short this in morning but then somehow i forget next day morning or sometimes get afraid to try etc.
209.10. krupa| Link| Bookmark|
December 10, 2021 9:52:53 AM
(800+ Posts, 500+ Likes)
Aise hi karne se short karne ki aadat ho jati he And achchi achchi script hath me se nikal jati he
209.11. M.K.| Link| Bookmark|
December 10, 2021 10:26:26 AM
(300+ Posts, 200+ Likes)
@noorul @lokes
A friend of mine once did paper trading. Used to mentally short a stock and assume he squared off at day end. Finally when he did it in real life, it started going up after a couple of sessions. He gave up his gains of 2 days in that 1 day of upmove and it kept on going up after that. Same story repeat in 2 more stocks. Should ask him to short 1 share of Cartrade everyday. Baaki sab ki dua lagegi if it starts its upwards trajectory 😂
209.12. M.K.| Link| Bookmark|
December 10, 2021 10:32:10 AM
(300+ Posts, 200+ Likes)
Btw, I brutally sold off my 2 lots of Car Trade and 1 lot of GLS
Have realised that any under performing stock is a loss of opportunity and collecting all this in PF makes u waste time in checking its rates or have the temptation to average.
When we sell profit making shares in listing, we should also sell loss making IPOs.
209.13. lokes| Link| Bookmark|
December 10, 2021 11:12:54 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@M.K: completely agree with your views, we need to sell also and we need to have stop losses to avoid more losses. These thing will come from experience only, new trader normally emotionally get attached to a stock and it wont be easy to sell for him in loss and then loss keep increasing.I had experienced all these things long back in share market. Regarding car trade shorting, as i said i kept thinking but didn''t tried till now :) Even today also when i checked it in morning, it was at 905, now at 901 and may close again below 900 :) And yes tell your friend to start shorting it ;) it will help many who stuck here :)
209.15. lokes| Link| Bookmark|
December 10, 2021 2:26:16 PM
IPO Guru (4400+ Posts, 5100+ Likes)
looks like finally today cartrade is sustaining and gaining momentum. Main exam for it will be on monday also to sustain and move higher, since like today, it happened 2 times recently when it moves and closed higher at end of day but from next day again downtrend started.
It will give profit for sure. Zerodha messed up this time for me, one account mandate not came and another came but on approving it gave wrong pin message but I don''t think I put wrong pin. Enjoy minimum 15-20% gain.
209.18. lokes| Link| Bookmark|
December 10, 2021 6:07:44 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@german: its added by @Admin, not me actually. They informed that IPO guru can add "signature" also in their profile which will show in each message and for trial purpose they added this "thank you" and that latent view HNI thread link in my signature. I tried to remove it from my profile since its kind of extra content/attention in each message but its not going so i have requested @admin to remove it.
What you can do is, whenever a UPI mandate request comes on UPI app (GPay, PhonePe, Paytm, etc...), check for the date-time till when you can accept. In MOST cases, it is next day 12 PM, in exact words, it is next WORKING day 12 PM. What it means is, if any IPO is having a last day on Friday, you should be able to accept mandate till Monday 12 PM, I did it in past. Same thing happens when the next day (after IPO close day) is holiday or something like that.
So always check for that expiration date-time thing.
201.1. arunARUN| Link| Bookmark|
December 9, 2021 4:44:03 PM
IPO Guru (2000+ Posts, 1700+ Likes)
It does not work like that. If retail gets subscribed 10 times and you applied 10 lots even then there are 34.87 percent chances that you wont get any allotment.
Maths for same is 100%- (0.9 power 10)*100%
what we are calculating is what are the chances that 10 times of lottery we draw bad apple every time
So yes there are chances though remote of getting more than 1 applications too
201.2. Ou Ai| Link| Bookmark|
December 9, 2021 5:59:04 PM
Top Contributor (300+ Posts, 300+ Likes)
@arunARUN Thanks! I was looking for this formula that we read in childhood. The chances of drawing bad apple is 65.13%. Right? Happy you remember probability theory so well.
201.3. arunARUN| Link| Bookmark|
December 9, 2021 10:24:05 PM
IPO Guru (2000+ Posts, 1700+ Likes)
@ou ai You read it other way round. In this case of 10 time subscription chances you wont get with 1 application is 90% and with two application it is 81% So reverse of that i.e. chances of getting at least 1 with 1 application is 10% and 2 application is 19%. So by 10 application there are 65.13% chances that you will atleast get one allotment and reverse of it i.e. 34.87% chances that you wont get any allotment
This lack of understanding is common issue
201.4. Ou Ai| Link| Bookmark|
December 10, 2021 6:04:48 AM
Top Contributor (300+ Posts, 300+ Likes)
Where do you see lack of common sense? Read the response carefully ! "The chances of drawing bad apple is 65.13%. Right?" This assumes that in a lot of 100 apples 10 bad apples exist as mentioned in your first message. You begin in your response "You read it other way round." and end with "So by 10 application there are 65.13%" 65.13% is positive outcome , 34.87% is negative outcome. Do explain where is the common sense lacking in reply? I see perhaps lack of patience in reading which is a common issue !
Prior to October 2012, market regulator SEBI had mandated registrars to allot shares in the retail category on a proportionate basis in case of over-subscription. This means that an investor making an application of INR100,000 or INR150,000 stood to be allotted more number of shares than an investor making a bid of INR15,000. In IPOs where the demand is equal or less than the shares available, it used to work fine. But now, all retail investors get equal chances of allotment irrespective of the number of shares bid for. Each lucky investor gets allotted a bare minimum of one bid lot of shares.
201.6. Eklavya| Link| Bookmark|
December 10, 2021 10:21:18 AM
IPO Mentor (900+ Posts, 400+ Likes)
@Ou Ai, What arun2 has written is about common "issue".....not common sense.
201.7. Ou Ai| Link| Bookmark|
December 10, 2021 11:38:09 AM
Top Contributor (300+ Posts, 300+ Likes)
@Eklavya Lack of "understanding" is common issue. Hope one understands meaning of "understanding" as a common sense...
@ ou Ai & Eklavya Do you think that the mathematical calculation shown is applicable for the purpose in question or requires some modification ? It is not all to learn something, it is more important to find its applicability.
Star Health listing is tomorrow (10 Dec). I know it''s not relevant but I might wait till the listing to decide if it''s worth accepting the mandate for RateGain. Just to gauge the IPO euphoria. After Paytm''s debacle, my mind has overpowered my heart and even investing acumen to stay cautious. Don''t blame me, the market does this to you. Keep crowing.
198.1. lokes| Link| Bookmark|
December 9, 2021 6:59:21 PM
IPO Guru (4400+ Posts, 5100+ Likes)
Everyone remember one thing for sure, you can''t compare any ipo with any other ipo. if someone listing bad then it may not impact at all other ones. After cartrade/aptus etc, many experts became so conservative and giving avoid calls in ami organics and that has performed so well in listing and got doubled later. Recently also after tarsons bad listing, people got conservative with gofashion listing targets but it performed even better than its GMP in listing. So star health bad listing (no matter how bad) will have no impact on tega/rategain listing.
198.2. jigi| Link| Bookmark|
December 9, 2021 7:06:43 PM
Top Contributor (400+ Posts, 100+ Likes)
agree
198.3. sbipo| Link| Bookmark|
December 9, 2021 7:34:36 PM
Top Contributor (400+ Posts, 100+ Likes)
@lokes, Correctly said boss,each ipo is unique with different business model,also stock market is the place of probability and uncertainty and it discounts the future,so I think RTT future is not so bleak unless some new mutation syrikes again and one thing I have noticed that poor subscription always doesn''t indicate poor listing like Sona,Gland etc. Listing depends on several factors. We have to take chance and calculated risk,jyada se jyada 10% loss hoga,who can''t take this much risk should not be in markets. We all know Medplus,Data Patterns,Mappy are all blind bet but these issues would be heavily subscribed and tough to get allotment even with self funded HNI. So,if alloted and list in discount,keep 10% s.l.at most,don''t repeat cartrade saga,no risk no gain, I have the right to be wrong in stock markets, Thanks
No problem so long as you keep in mind that you have bought something at Rs 425 whose actual price is much much much lower .
198.5. lokes| Link| Bookmark|
December 10, 2021 10:23:09 AM
IPO Guru (4400+ Posts, 5100+ Likes)
Even start health performed completely different today, so no need to be afraid of paytm thing. As i said in above post, each ipo is different and no need to relate them, you will never know how and which one will perform in which way. So don''t think of ones much impact on other.
You are 100% correct Lokes. Star health performed really really well for the stock which was subscribed 79%.
Each stocks are different and RTT should start with 10% profit and from then increase...hoping for the same...always assuming secondary markets are stable
198.7. jigi| Link| Bookmark|
December 10, 2021 10:56:02 AM
Top Contributor (400+ Posts, 100+ Likes)
The way gmp is falling it Looks like retailers are going to get an allotment...
193. sbipo| Link| Bookmark|
December 10, 2021 7:54:19 AM
Top Contributor (400+ Posts, 100+ Likes)
@lokes,@nurool, I came to know that a little HNI funding came in RTT with HNI cost @32,though no guarantee, still can we hope that at least 30 rupees premium would remain till listing? And for,Cartrade,it''s too late and risky for short sell now IMO. @guys, Why u people always compare Cartade with each and every ipo,in Cartrade we ourselves have only to blame for not having proper risk management in place and paid the price, it could have happened with any other stocks purchased in secondary markets also. If we can''t determine how much maximum loss on capital and risk/trade we can take in our stride before entering a trade as well as after getting allotment in ipo, we can''t succeed in stock markets,here risk management is of utmost importance,just prefix how much u can afford to lose and your profits would be maximized automatically and u would be saved from large drawdown like CARTRADE, Remember,like trading,investments also qualify for stop loss,it''s the only weapon in our hand and in our control to save us from debacle, Thanks
I hope some respected mentor/guru present their blunt opinion here in this sub thread. Members should not blame any Mentor/Guru if the IPO fate do not align with their view. Retailers need to take responsibility for applying.
My plan when applying as retail investor…just an idea…let’s see how it works out
I think it’s better the Tega funds reuse for bidding mapmyindia
Rate gain apply from 2 accounts or more depending on your funds if high bids in QIB AND HNI otherwise it might be high risk
The same funds used for rate gain(if used or not used for bidding) and if you have additional funds it can be used for medplus. as mentioned by fellow members it should give handsome returns
Apply from maximum accounts for data pattern….if mapmyindia funds returned then should invest more…
Apply from 2 or 3 accounts of funds returned from mapmyindia for HP adhesive but looking at subscription figures
I am going to apply this tomorrow in Labh Cho-ghadiya. Between 1201pm to 1:30 pm, hope that would increase my chances for getting allotment.
@Rafid.
Rightly said, however, mapmyindia and medplus would attract heavy subscription so allotment chances would be very less. We need to be very careful in selecting time slot to apply the IPO.
191.7. arunARUN| Link| Bookmark|
December 9, 2021 10:28:25 PM
IPO Guru (2000+ Posts, 1700+ Likes)
It does not work like that. If retail gets subscribed 10 times and you applied 10 lots even then there are 34.87 percent chances that you wont get any allotment.
Maths for same is 100%- (0.9 power 10)*100%
what we are calculating is what are the chances that 10 times of lottery we draw bad apple every time
So yes there are chances though remote of getting more than 1 applications too