Tata Steel Ltd FPO Message Board (Page 2)

389 SHOAIB SHOBI!S
I HOPE YOU HAVE APPLIED FOR TATA STEEL IPO AND THE PRICE TODAYS HIGH WAS 640 STEEL PRICES ARE SET TO RISE DUE TO RISE IN PRICE OF COAL MOST OF THE COAL IS IMPORTED FROM AUSTRALIA DUE TO FLOODS SPOT PRICE OF COAL HAVE RISEN IN MY PREVIOUS QUOTES I HAD MENTIONED THAT THE PRICE WILL GO UP TO RS 650 AND RS 660 WHICH HAD GONE AFTER THE IPO CLOSED WHICH SURPRISED MOST OF THEM ALSO ALL THE FPO SHARE HAVE BEEN SOLD THOSE WHO WANTED TO SELL BY NOW IT IS NOR GOING BELOW RS 610 AND IF IT GOES BELOW RS 610 THEN THE NEXT SUPPORT IS RS 597 .590 AND 550
AT PRESENT TRADEING ABOVE THE 200 DMA OF 579 ITS 50 DMA IS 642.8 AND 30DMA 655 WHILE 150 DMA 597
ON 3 FEB 2010 IT RATE WAS 600.4 AND 3 FEB 2009 RS 170.75
LONG TERM STORY FOR TATA STEEL IS GOOD BUT IF THE MARKET IS TO GO UP OPERATORS WILL RUSH TO BETTEN DOWN STOCKS FOR MORE UPSIDE MOVE
PL NOTE THAT MOST OF THE STOCKS ARE GEST NEAR THEIR 200DMA AND OR BELOW THE 200DMA
TAKE ADVICE OF EXPERT

What about Tata Steel ?

thanks a lot chem cho

MANISH MAHAHANDEVWALA
L&T IS AT 1573 BELOW THE 200 DMA AT RS 1851
ITS SUPORT IS AT 1543 ,1507,THEN 1447 ALSO RATE ON 2FEB 2010 WAS 1396 AND ON FEB 2009 WAS 660
CAPITAL GOODS AND INFRASTUCTURE STOCKS ARE DOWN GRADED HENCE THE RATE IS LOW
NIFTY IS ALSO BELOW THE 200 DMA OF 5642 AND MACD AT -124
I HOLD L&t SINCE 1973 , 2009 , IN JAN 2011, AT RS 1700, UPSIDE AT RS 1750 IS EXPECTED IN SHORT TIME ALSO SPLITING OF L&T IN 9 DIVISIONS UP TO 2013 DID NOT ARGUE WELL FOR THE MARKET
HOLD FOR LONG TERM FOR AN UP SIDE OF RS 2000 TO 2200 WHEN NIFTY REACHES 6000 TO 6100 IN NEAR FURTURE
PL TAKE EXPERT ADVICE FROM PROPER CONSULTANTANT BEFORE COMMING TO CONCLUSION

SREEDHAR,
I AM HOLDING JP ASSOCITES PURCHASED ON 25.01.2011 @ RS 91.50.
SHOULD I HOLD IT OR EXIT AT LOSE

what is about L&T AT CURRENT LEVEL?

Tata Steel Gone- next target is Omkar- thrill from 7th of feb (date of allotment) to 10/ 11 th (exp listing date). As per me, FPO is not so profitable than IPOs.

what others are doing ? Sold/ decided not to sell/ decided to give long term support to Tata Steel

OUT OF MARKET AT RS 629 TO 630

Sold 100% @ 628. Dont want to keep anything in the high volatile market.

i got msg on 01/02/2011 at 19:30 pm for the credit of shares in demat a/c

Sonmaya-367
yesterday upto my office closing @ 5, no credit was there and they have done it after that. Now I am having the same. Lets see the trend, i will try to sell at the best possible price today. At what price you sold yesterday ? SEBI has notified that auction will take place on T+2 wef 1.2.2011 instead of T+3 and auction settlement will be done on T+3 instead of earlier T+4. Pl take note of this all members

@ KK Natarajan

To what maximum level on upside Tata Steel is expected to go today. All shares of FPO are allowed to be traded today in normal way.

After yesterdays carnage, the global cues today indicate that there will be positive opening. Whether it will sustain or not is a question. At higher levels selling would come.
If Tata Steel opens very weak, I will not sell my last lot immediately and will wait for some appreciation.

tata steel will open 615 tommorow

MARKETS ARE IN INDIA ARE OVER SOLD AND USA MARKETS ARE OVER BROUGHT HENCE MARKETS CAN STILL GO MAXIMUM 50 POINTS DOWN TO 5350 AND THEN GO TO 5800 SMALL BUYING SHOULD START IT IS TIME TO PURCHASE ALL NIFTY STOCKS WHICH ARE BELOW 200 DMA CHECK THE GRAPH AND THEN BUY I DONOT RECOMENT PARTICULAR STOCK KEEP AWAY FROM REALITY .AUTO, AND AFTER SOME DAYS AWAY FROM BANKING

Sreedhar, what is the selling/holding strategy for tatasteel tomorrow. The shares have already been credited in demat account. So we can sell it tomorrow. Please let us know about it.

Thanks.
Gane.

I GOT SMS FROM DP/NSDL...

Dear Friends:
Shares of Tata Steel has been credited to demat account, Once the broker refresh the backoffice report it will be visible.
As mentioned earlier that shares are going to credit today. Investor who have sold their shares on Monday can submitted their delivery instruction tomorrow morning to avoid auction.

how u people sonmaya, maddanna , sanjeev bhardwaj got shares in demat plz let me know

i hv not received tata steel fpo shares in demat a/c, my a/c is with angel-cdsl