Tata Steel Ltd FPO Message Board (Page 7)

TATA STEEL ALLOTMENT OUT. I GOT 211X3,210X7 SHARES AGAINST MY FULL APPLICATION OF 320X10 SHARES IN RETAIL CATEGORY.

TATA STEEL ALLOTMENT OUT. I GOT 210 SHARES AGAINST MY FULL APPLICATION OF 320 SHARES IN RETAIL CATEGORY. HAPPY INVESTING.

Tata steel Allots 210 shares who had applied for 320 shares.

allotment out 105 shares for per one lac application

allotment going on .

dear yadav allotment may be on monday even today evening itself.

WHICH TIME ALLOTMENT TATA STEEL FPO & LISTING DATE PLEASE GIVE REPLY

283. Sreedhar
श्रीधर = जितने शेर बेचे जायेगे [केश] मे उन्से १.७ पर्सन्टेज शेर बेचे गये हे .
वो लोग लेगे और केशवाले शेर बेचे जायेगे शायद ६२२ से ६४२ के रेन्जमे भाव रह शकता हे

Dear friends,
JSW Steel 15 percent down,Jindal steel 8 percent down,Sail even after getting beaten down has fallen 5 percent but Tata steel instead of fallin g 10 percent ie 60 rs from 610 is trading at 4 percent gain even though market has tanked more than 350 points after IPO.Tata steel generally is among top losers when market cracks.So lets see how much will be the selling pressure after listing.

on which date tata steel fpo shares will be alloted? any idia

Dear Ravi, Bangalore,
Thanks for your suggestion. I have shorted one lot again at 629.50. Now whatever happens to the price on allotment I will be safe. Like a school boy who did well in his exams I need appreciation from you and Sreedhar for what I have done in this counter today.
Sreedhar, listening?

279. KK Natarajan / 269. vas nat

I fear Tata Steel (637) could drift-down to sub-600 levels at the time of FPO shares listing!

My personal opinion is keep holding one lot short-position till you sell-off your FPO allotted shares.

OR

If you fear of bounce-back in Tata Steel Futures, then Sell 660 Call at 8.80 which is safe. Cover all your positions at same time.

I feel Infrastructure and Financials are two sectors where there is excess pessimism.

Dear Sreedhar/Ravi, Bangalore,
I did two things in Tata Steel today. I shorted one more lot at 637.15 and had it covered at 632 (Risky, but having done that I can now say it is a calculated risk)! I also bought the original lot shorted at 628 at 623.10. This I did with the intention of shorting again if there is a pull back rally. If there is no pull back rally, the shares I am going to get in my 3 full applications will be open. Have I done something wrong? Please suggest.

Tata Steel again going 660+ before falling back to 630. Hold your short positions.

When are the shares being alotted and from which date they will be traded, Any idea?

265. Maddanna:
All leading brokers are more or less same. As far as the brokerage is concerned, you can bargain.
Normally, now a days brokers are giving .3 delivery and (.03 intraday) brokerage without any additional charges.
In my friends circle, we have taken accounts from all leading brokering firms like kotak securities, sharekhan, religare, India Infoline(IIFL), Motilal Oswal, Geojit etc..
I observed that if you are not a trader or frequent buyer/seller, then you can go for any of these who offer you better deal.

My preference, kotak securities is the best broker with respect to Service and Tools ( they have excellent desktop tool with nice charting), however their research is too generic and you may not like to rely on it.
Another one is Motilal oswal, which has a very good research, I have not seen their tools.
All the best on your bargain.

Dear Sreedhar,
Thank you very much for the warning about Tata Steel futures. If I could get the price to cover, I am thinking of covering it early, but I dont think I will get it. The only chance of price coming down now FPO listing as there seem to be no external factors as even the market coming down does not affect its price greatly.

@ 268, DEAR A KING,

THANKS FOR THE INFORMATION GIVEN AT MY REQUEST

I've short 1lot @ 655 on friday against 2full application. Any suggetion pl.?

Dear Sreedhar / Natarajan,

Right now Feb futures is trailing the cash by Rs.8. Probably the market expects the price somewhere around Rs.632-634 at the time of FPO listing. Considering the current falling mkts & sentiments, will the futures lead the cash segment by Rs.6. I think during SCI days the futures lead by Rs.2.

The kind of short position being created can make it happen also. Lets wait and see.