Salasar made lower circuit first and then missed upper circuit by 20 paisa. Volume of two days on BSE and NSE nearly 10 lacs in two days. Again in upward move.
Salasar hitting lower circuit for continuous 2 days.
News has come it will be shifted to B group from T group (BSEindia news, refer below link) http://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20170725-12 Whether its better to hold this stock until then or to sell is a question. To sell now, it is also next to impossible because of lower circuit freeze. Septa and Eagle eye, gamble pls advise.
1099.1. gamble| Link| Bookmark|
July 28, 2017 10:52:41 AM
(1600+ Posts, 3900+ Likes)
Shivajee.. .already mentioned in forum a day Before listing that. ..one should not try to buy at any opening ranges(that was the whole point why 1 member blocked)...and ipo allotes should hv sold with 150% return
If one can''t find 150% return in 7 day attractive then ....
@Gamble... The share is in uncharted territory so I guess one should hold till he can, especially since the allottees are having 100%+ gains. While it has hit 2 LC it could have hit 2 more UC as well. So its about taking chances.
I have got allotment and I am okay with LCs. The company is promising and is working with the best of the best companies so I am definitely going to hold it for a couple of years atleast, irrespective of the short term price.
Gamble, even 30-40% is great. I would have sold it if I had watched it list 100-150%. I was alloted one lot and i missed 2 days from the date of listing since I was away on an urgent engagement. Now, i want to sell, but freeze. Missed it.
thats why i asked you when freeze will release or when can i sell.
@ Gamble: I completely agree with you about buying it from the market. Its surely suicidal. I have been observing Aditya Birla Money since some time. Its typical UC to LC candidate. While I was much tempted I didn''t try to buy for an obvious reason.
Sell and scoot...If you can There is no fundamental character to this scrip to be trading at this level. Purely operator and broker driven uptick.
The shifting of this scrip to B group will happen on August 8th, as in the link provided by you. Till then everyday it will hit lower circuit as soon as trading begins. You can imagine the then trading price which could be lower than the IPO price.
You can try to put sell order as early as possbile when market opens, it might possible that your order executes as per the queue. I was able to sold yesterday at LC price 271.45. when I placed my sell order the queue is only ~15000 so I got lucky as the volume reached to that level. So its a pure luck till it holds a LC
Thanks all, Sold it with Rs. 17000 profit. The order was pending, but got fully executed after some time. will buy again once it stabilizes.
1098. Khemka| Link| Bookmark|
July 31, 2017 10:44:57 AM
(1000+ Posts, 400+ Likes)
Some fools unnecessarily crying salasar to change B group in bse without fully reading that after 10 days of listing in trade group its automatically come to normal group
Wasn''t it initially listed in T group which resulted in the 5% circuit filter? Now they''ve decided to move it to B group with doesn''t have any settlement problem like in the T group.
Not sure if above is true but thats what I understood.
Yes sir, pls forgive the fools and educate them. Write a book on whole stock market knowledge and distribute freely all over India at all vegetable markets, grocery stores so that they dont remain fools forever.
There is a saying "Katradhu kaimann alavu" "kalladhadhu ulagaluvu"
That means nobody knows everything in the world.
1097. gamble| Link| Bookmark|
August 1, 2017 9:35:27 AM
(1600+ Posts, 3900+ Likes)
Secondary mkT recommendation for 3 FD
/newportal/DiscView.asp?mid=12750&forum_id=35&
1097.1. gamble| Link| Bookmark|
August 1, 2017 9:37:05 AM
(1600+ Posts, 3900+ Likes)
file:///sdcard/UCDownloads/DiscView(1).asp
1097.2. gamble| Link| Bookmark|
August 1, 2017 9:42:37 AM
(1600+ Posts, 3900+ Likes)
From tomorrow again, upward trend in Salasar to continue.From 8th August, Salasar will be out of Trade to Trade and will be shifted to B group for trade.
Hi All, I bought this stock @273 and now its around 250 .Also i am unable to sell this stock as its showing sell order rejected. Can someone suggest me whether to hold this stock or sell .. Also why i am unable to sell it. Thanks in advance..
Salasar on It''s LC (Lower Circuit) due to this no one want to buy this stock and that''s the main reason you can''t be able to sell. As per my view, Wait till 8 AUG (group changes) Or if you are a long term investor than wait Till his Q1 Results(i Will buy after 8 Aug and will wait up to Q1 result.
bhai log koi tention mat lo... ye. khemka or us type ke log khali penic fela rahe.he... agar bogus compny he to uska primium 100 rd kyu bol raha tha.... sab dar ke maare bech rahe he so lower circut lag raha he.... its different comony...
thoda common mind lagao. jisne oening me liya he wo sab profit book karenge...so LC to lagni hi thi...
Its falling due to panic by RII that''s why LC, if you can hold and sustain some losses, it will definitely move and don''t sell in losses. In CDSL also after listing and in one week there is no movement in stock and one days suddenly its rate so nothing to worry.
You are right, CDSL moved Upto 486. People bought at level of 486 and suddenly on same day it move to LC.It''s fall from 486 to 337 almost Almost 31.041 percent. And now it''s start it''s up really.I am the one who is wating for end of this correction, Now it''s start uptrend. I don''t think it will move up like last one but it will move in Aug month. @Salasar is a fundamentally Strong stock. may be Monday will be a good day for Salasar. Better to ready with some amount in account for Salasar Or for New IPO CHOCHIN SHIPYARD.
60% to 70 % allotes already exited on day 1 and day2. Investment funds will make a bulk deals on listing day. But Strangely no bulk deals for Salasar. If no fresh buying again LC on Monday.
But sometimes I have heard that when the price you bought falls, buy more shares at lower value to bring down the average buying price. So that the average price may be easier to breach than the high price you bought. Which may give you an exit option earlier than the first buy at high price. But let the experts give their thoughts
Never try to average a falling knife. Buying on dips and small correction of fundamentally good stocks is altogether a different thing. In my opinion, we should hold it till the T band is lifted and if it doesn''t recover - we can cut our losses and move on.