My only point is we should avoid telling this will go to that price and that will come to this price. In third class issues no body can predict what will happen. Not to make just a joke... regarding ONGC, I am happy that Govt differed it. All speculators trapped....
gundu anna, I did not apply for SRS OK.The fact that the idiot management inspite of filling up the issue with friends & family could not give a exit price is a pity for those faithfuls.Based on assumption he will give a exit price to the faithfuls I thought they will take to 65.Poor fellows the investors got a good whammy.I neither applied for it nor encouraged to apply. It is great achievement for me that people who had heeded to my call & not shorted ONGC saved a princely 20 K.So do not become a clown by laughing upon yourself.
Bought 1000 @ 48 another 1000 @ 38 and another 2000 @ 34 my average is 38.5 looking to buy another 4000 if come down to 28 with a 2-3 days target of Rs. 45-50 range
80. SkDash| Link| Bookmark|
September 16, 2011 2:32:26 PM
Top Contributor (1000+ Posts, 200+ Likes)
KKN Sir-welcome. I think it will be test match now.
Shorted at 53.55. Covered 50% at 46.05, 25 % at 42 and for the remaining 25% put a target of 35. Watching closely as the recent listings have trapped traders on both sides.