@650, tecpro is fundamentally a very sound company, If you hold this share for one year then it'll be at least at 600, and if u r trapped in intrday trading then u must keep strict stop loss. Fundamental don't work if market falls by 400 points.
Tecpro has given good signals on the technical charts yesterday till Noon. Then it slips without recovery, Today too it is more or less standstill. There seems to be no hype or appetite for this script as anticipated previously.
Though leading analyst have given the target of 450 and fair value around the same, yet it is not performing as per the expectations.
Eros too had lead the same path that is unable to give super returns as were predicted.
Deep analysis is required for this phenomenon.
Boarders come forward and put your views for the same.
Dear Baba Singhji, Enjoy your free shares. This has happened to me also in 2003 in PTC india IPO. without applying, I got 100 shares and refund of Rs. 48000. Thanks to MCS, Mumbai.
friends,need not to be disappointed by price movement of tecpro,it happens usually on the listing day particularly during last hours.... remember sks micro also met with heavy selling pressure in the last hours of listing day...after initial hic ups fundamentals of company decide the price..so be positive tecpro will fly high ,only concern here is litigation regarding chattisgarh order which forms a substantial part of its order book
631, if you want to do intraday trading then trade in small quantity of shares don't trade in huge qty like 1000 share, one more thing is that you must consider risk reward ratio, at the time of placing an intraday order, generally waht we do, we place an order of SL of 11 rs and book profit when the share goes one rupee above, if we appluy this kind of policy then in long run we will suffer losses, because of profit of one rupee and loss of 11 rupees . When u put an intraday order then u must be ready for lossses , like in ur example u have lost 11000 rs. , that is a huge amount, you could have tried with 50 shares and SL should not have been that low( 11 rs) u should have SL of 4-5 rupees in this case, then ur loss would only be 200-250 rs. In my opinion u should not put a buy intraday order in weak market condition and a bundle share. One more thing always look bid/offer quantity while putting an intraday order, this may help u a lot . Finally I want to say it is the most difficult task to earn for retail investors in intraday trading leave this job for big fishes.
Guidance for lay investors: Make FD of your money in a bank allowing online ASBA Take OD on that money Make ASBA applications Sell after listing Usually good returns