Tata Steel Ltd FPO Message Board (Page 17)

i am recommad to apply it tata steel fpo
good fundametal and strog company
long team best ruturn and dividen
ok

If the tata steel is increasing like this, we can expect huge subscription levels.

Gane.

Ramji@87- Shorting means selling in advance. In intraday- u can either buy first to sell later or sell first to buy later. The 2nd one (sell first to buy later) is known as shorting. Generally one will go for short if he thinks that price will go down. For example- the price of xyz is Rs 100 and you think it will go down, then u will short (sell) lets say 1000 qnty @ Rs 100 , total amt due to paid 1000x100=100000 (1 lk). Later on as per yr assumption- price goes down to Rs 90 and u bought 1000 shares @ Rs 90. The diff of price will be yr gain (1 lk - (1000x90) = 10,000. Similar is the case of shorting in F&O and also delivery (short).

3. Why one do it- To gain on fall in price
4. Dis adv- In case the price rise- the diff will be yr loss

Adv- Do analysis on yr own and faith on gud news.

As expected Tata steel has risen.Lic Hsg also looking good.

Hi All,
I have a technical query on "SHORTING".

1. What does shorting mean ?
2. When you say "I shorted SAIL at 190" - how do you do it ?
3. Why do you do it ?
4. What are its advantages / dis-advantages ?
5. I uses ICICI direct for trading - can someone plz explain how to do it there...?

Thanks,
Ram

Is there any discount for retail investors? expert comments for subscription please..........

Gem IPO Finder,
Thanks !!
I am also planning to execute some trades the way you do to test myself.
Planning to do it in RIL.I find it extremely liquid and makes 2-3 rupee moves in quick succession.
Overall (excluding monthly brokerage), how much the brokerage(%) come up to per trade, I have my account with IndiaBulls (0.03% intraday per leg), my brokerage comes upto 0.1% including STT, Stampduty etc etc.

Also are there any other Tips you can give on your style of trading?

Dear Sreedhar,
I was also tempted by todays price of LIC Hsg Fin, but as there is expectation that markets may go down further, resisted my temptation of buying. May be I will buy one third of my proposed quantity today and wait and watch what happens.

The much expected L&T Fin IPO may be postponed because of market volatality.

Shreedhar,

what is the target for LIC this time? any idea?

Thanks.

Gane.

@CLD,
Site has not been updated since long ime. I got this reply from customercare. you can call them and know the latest brokerage plan as per your convenience.
If you are a ulltime trader then go for Gold otheriwse Silver is also OK.

Thanks a lot Gem Ipo Finder Bhai for your clarification and support.

Hi Sridhar,
Can I still short SAIL?

to just trade prospective customer

since there is too much query about the product i m clarifying doubts at once:-

service is quite good earlier they had problem but now they have mooved to some good server and i havefaced no problem forthelast 34 months.there is no comparision between icicdirect and justtrade they are pol apart

@ AjayIndian, @ Gem ipo finder
website shows one year Silver plan for Rs. 3,999 & one year Gold plan for Rs. 6,999. I can't understand the plans you are talking about.

The market trend is in negative,if we apply TATA STEEL FPO,according to my opinion the IPO price band is 590-610 is reasonable,if it comes below 620 in sec-market we have to buy.becos small retail investor never get this shares in FPO when subscription goes high.

I request all the boarders to negotiate upto last limit.
quartelry gold plan is 4300rs
half yearly gold plan is 8000rs

Silver whole year plan is 7864.
Silver half yearly 4200.

Sreedhar, looking for your advice on to this also.

Hi Gem IPO,

I am planning to open a account with BAJAJ Capital. I would like to know whether JustTrade website is up all the time or is it slow at times like ICICI Direct. Also, Are all the stocks available for intraday and does it provide intraday for shares on the ipo listing day? Thanks....

Hi Gem Ipo Finder,

I contacted the brokerage house of which you gave the link. They offered me a silver plan.
Annual prepaid charge is 7864rs.
Intraday limit 10L/day (same applies to F&O too)
Delivery 1.5L/day

Exceeding hese limits brokerage will be charged 10 paisa and 1 paisa for delivery and intraday respectively.

Since i trade for max 1 hr 2-3 days in a week. Hence this plan suits me.
Also i have negotiated for half yearly plan. That means i will have to pay initially 4200rs (approx) for 6 month free brokerage.

Can u pls share any of yours contract note, so that i will have a real look on the brokerage.
My email id is v-ajapat@microsoft.com
contact no is 9975231515.

Also pls let me know, if any other hidden charges exist.

Thanks in advance.

Thanks Sreedhar. I will try to catch up LIC tomorrow morning at this price.

Day after tomorrow is result for LIC. Hope it will go up from now. Did you see any estimations by brokerage house for LIC? I did not see one.

Gane.

I had shorted SAIL JAN future earlier and covered on 14th. Now I want to short SAIL FEB/MARCH Future again but as expiry is far, option hedging is quite costly. Hence seeking guidance on SAIL's direction.

Moreover, I believe SAIL FPO should happen in FEB only( latest by MARCH ) as govt will have to keep fiscal deficit for UNION BUDGET under control and also has to provide high compensation to OMC [ioc in particular] for their FPO to be successful in next FY.

Also, market may go up and take metal index along with it to upward. Wallstreet's +ve earning may also take market upwards. ( today FII brought long worth Rs 540 Cr on index future and covered Rs 60 Cr shorts, though it is nominal compared to what they shorted this month )