Shilpi Cable Technologies Ltd IPO Message Board (Page 13)

thanks to sk dash,fools broker,ravi bangalore.........

sreedhar & Ravi bangalore,

Thanks for your valuable advices. But I did not do blind trading in REC. I have seen the open interest on that specific day and based on that I bought REC. But it worked in a reverse way. I bought a second lot based on the news that REC is going for 3 new financial companies for vehicles finances in rural area which is its own subsidary units (news from swastika). This news really sparked the shares next day. Since the news came very close to the market closing, I know there will be some reflections on the share price by next day only.

In other cases, I totally agree with you both that future trading is hectic and really dangerous. I myself has lost money in this trading. But I am trying to be very careful like if I see some 2000-3000 rupees profit on that day, I will imediately exit the counter. I dont care howmuchever it further increases on that day. If the price is going down, again I will wait for 2000-3000 rupees. If it is exceeding this limit, I will exit with loss.

Looking forward for the profitful new financial year for all the boarders here. Good luck.

Gane.

Gane,
I entirely agree with Ravi bangalore & it is the most imp advice.Never trade in futures .I use futures only as an hedge & strategy.Not even one person I know has survived trading futures.

Bj,
1050 may be the short term cap on this stock.You can sell now & buy back later again at 950.Remember I have traded Reliance like this more than 6 times at least in last 6-9 month or so.Everytime gain of 100-150.So my investment in Reliance already doubled.Follow this simple mantra you have nothing to loss but everything to gain.

242. Gane

Keeping stop-loss is tough to practice. However, taking naked position (without heding) & averaging is too dangerous. One bad trade will take-out your five good trades.

In addition, I have not seen such traders surviving for long!

My intention is not criticising you personally. I am just saying that taking naked position & averaging is not a good idea. Market is smarter than us. Market has no bank a/c. Market will not tolerate such trades in long-term.

BJ,

I remember that Sreedhar already asked us to book profit and exit in Reliance. I exited it day before yesterday @1029. Good luck.

Gane.

Srini,

I still hold all the three shares that you have listed. There are lots of upside scope for all the 3 scrips that too in the very near term. So why should we sell now. If the need for money is urgent, then we can go for selling.

Gane.

Ravi bangalore,

I comepltely agree with you in not using stoploss in F&O segment. My own experience is like this. Day before yesterday I bought REC futures 1 lot at 250. The price fell down and on seeing this I bought another lot at 247. The averge price of 1 share went to 248.50. But the closing price on that day was 247.70. I was in loss. But next day (that is yesterday), it was one of the major gainer and it gave me handsome returns. What I want to say is that in F&O, atleast you can wait for 1 or 2 days to get some profit. So never go for stop-loss in F&O segment.

Gane.

hi what is the grey premium of shipi cable can anybody say about this

Sreedhar,
What price can i expect for sbinn5 series bonds to sale.

234. outsider

Go for Portfolio Management Service (PMS) offered by reputed brokerage houses like HDFC Securities, India Infoline, Motilal Oswal etc.

In stock market, don't believe anybody if they promise guaranteed returns. In derivatives, I never play using stop-loss. I use Options hedging strategy where risk-reward ratio is favourable. Advantage is no need to use stop-loss. Using stop-loss (especially in F&O as lot size is large) is easy to say in theory, however difficult to practice.

dear outsider 234

pl donot run here and there with rs 30 lakhs put your money in fd and apply in ipo from advice of names of ipo message board star contibutors or some more persons you feel are good advisable and also see my coments for ipo

@235 BJ
SELL RELIANCE @ & BUY ALOK EXIT 26 TO 28

234-outsider
visit mudraa.com. there is a person called CA Krishnamurthy (CAK). He has one plan of getting Rs 1 lac p.m. He is recommending his daily nifty, option strategy. Pl see and if thinks gud, play on yr own risk.

note-I have nt done anything as per his recom and i have no personal interest.

Sreedhar,
I have reliance at 912, shud I sell it off now? as it seems to be stuck at 1030 levels

dear boaders,,,,what to do if i want to earn safely 1 LAC rs./Month with 30 LAC rs. of investment..........do u have any idea like Hedging,Arbitrage or anything with any asset class.share ur view here....

Traders will definetly love to trade this one..let us see till what level they will take it it might give 100% returns

Hello Juneja Tarun ji ,In IPO process the company registrar will allot and both BSE and NSE are the trading platforms.Some times The permitted exchange/s (both or either one)also will be mentioned in the IPO rerports .In this case of PTC financial both BSE and NSE are permitting trading of shares.

ANY BODY KNOW CENTRAL BANK OF INDIA RIGHT ISSUED HOW CAN WE APPLY THROUGH ASBA FORM

What is the likely date of allotment & Listing?