All the best for your success. Being in stock market since many years, you talk like kids- he's Operator, all are same etc.
Do you think big Operator will chat in this site? They will get data from Exchange itself to know how many BUY & SELL positions & their average price. They will rig the price opposite to majority opinion.
In gambling, how can you expect 100% result. If you want safety, don't do intra-day / short-term trading. Only amaeuters blame others for their loss in gambling. Unlike horse-trading / card game, in stock-market gambling, you have control........ you can control your loss. Here, I give my analysis based on some tool, I do mistake just like you do. Advantage of using tool is there is no emotion.... Just like I bought, I don't think it will move up or if I am short, I don't think it will fall. I see signal and take decision accordingly.
You should note that market is smarter than analysts & thing could go wrong. In that case, there is a stop-loss. Stop-loss could hit & then, recover but remember, if we have God's grace, then only we make money. Otherwise, impossible.
RAVI BANGALORE WHY SHOULD WE BOOK LOSS WITH ANY REASON AT THE FIRST CASE YOU SHOULD HAVE NOT BROUGHT IT AT THIS LEVEL WHEN MANY SELLER ARE STANDING MARKET WAS OVER SOLD DUE TO BAD NUMBERS IN INDUSTRAL PRODUCTION AND MANIFACTURING OUT PUT ANY WAY I HAVE BEEN WRITTING BECAUSE YOU ASKED ME ME TO GIVE ADVICE DURING TRADING HOURS HOW EVER I STIIL HAVE 15 SHARES REMANING TO COVER THE LOSSES IN NEXT IPO S I HAVE TAKEN BACK MY INVESTMENT IN TEC PRO AND 15 SHARES ARE MY PROFIT AT RS 0 NOW ONE HAS TO BEAR RS 10 LOSS IN CAN ABIL PER APPLICATION OF 50 SHARE AS I HAD ASKED TO APPLY FOR ONE TIMES AND THAT TO STATED THAT ONE CAN APPLY HAVING MADE PROFIT IN ENGG INDIA SKS , AND BAJAJ I DID NOT APPLY FOR CANBIL
Bhai Prudent, are you the PI from there, if you are from there, you will understand, dont burn your hands buying new IPOs from the market, Only apply for the sake of selling on listing day and rotating money, Give these new IPOs some time, by then we can know about the management and profitiblity, dont get carried away by the hype, they soon get forgotten, if you want to buy from the secondary market, buy sensx or nifty shares when the market goes down
What do you have to say about the fundamentals of the Tecpro and Eros as both have not performed in the way as they were expected to perform.
Both were said to technically sound and not overvalued still they were not able to generate type of returns as per market expectations.
I have brought the shares from open market i.e. Eros @191 and tecpro at @410. Is my investment decision judicial? Looking at these conditions I have to stop applying to IPO's as I had applied to only 3 following ipo out of 11 and unable to generate decent returns:
Eros tecpro Va tec wabag
Please advise as I can't loose any more money now.
@621. Ravi, Bangalore. I had to sell Gallant Ispat at more than 15 Rs. loss and then bought TecPro at 410. Will it see 750+ in 1-2 weeks? I really want this to see that target or even more.
We believe publicly available information. QIBs & company insiders know the company's real worth. Stock market is full of cheaters. Even many quarters before IPO launch, promoters hook & cook company books & inflate figures. Hence, although it appears good on paper, QIBs resort to sell at opening bell.
Contrary to this, some stocks like Midfield could be super-hit on listing. That is because, if the issue size is small, Operators-Promoters have unholy nexus and jack-up prices & dump at higher levels for retail investors.
70% IPOs underperformed broad-market in last three years because for small issues Operators jacked-up prices & for large issues, earnings report is inflated.
it could be close before 390 sell hurry up, conform news it is down beacause 1 big mutul fund has a sell her all bulk shares, so it more n more down, sell sell sell in current lavel.................
@617. Anonymous. If you believe that those are good shares, then don't just think about Listing or quick gains. They will give you very good return if you can hold them for min 1 year. I saw many stocks in the past also which went really high or listing day but once settled, they went even 300% in a year (MIC, Nitin Fire etc and recently Jub Food, Midfield, Aqua etc)
I am continously buying Eros till date, Now tecpro will be added to the buy list.
What is happening why good shares are not giving returns at this juncture is QIB and HNI not supporting them or they are get short on the listing day itself?
Bhai chemcho, here nobody is an operator, nobody is making money for himself, by recommending anybody to apply, the only concern is these guys are kids just learning and have got carried away by some success, they need to shown the rightful places.
Ravi Bangalore is different, he is doen to earth and knowledgeble, I admire him. I think he is an asset for the site.