United Bank of India IPO Message Board (Page 4)

Morning itself people started talking about, it will not come below 70 and somebody has purchased 2k @ 70/-. Now what ..its going below 70 approx 68..by today itself it will touch 66 levels..just wait....it will not go up above 75 in near future ..forget 80-90 levels.

neha ki 2:30 ne logo ki 12 baja di

I "assume" it could be a tactic to get a better pricing for next gov issue

There is no point looking at buy to sell ratio. On the listing day where there are no filters, speculators generally put large buy/sell orders at extreme prices. For example if you have sufficient cash you can easily put an order for selling stock at 120 Rs. This is just to create panic and unnecessary confusion in retail investors. I would recommend holding on to the stock for a day or two and you can sell it over 75.

Waqai hi baj gaye 2:30

nehaji aapke 2;30 baj gaye

Hi Bhupinder.

Go to NSEINDIA.COM

In the space provided for 'get quote' on the top right hand corner, key in UNITEDBNK

The screen will now give lot of info on the scrip from the time it listed.

Under the heading 'ORDER BOOK' you can see the buy quantity and sell quantity

ALL the best

sadiq bcoz equity is large aur bank index is weak today

UBI more sellers than buyers!!

Hi Neha,

I am not trying to scare anyone.only facts as seen on the screen

More sellers than buyers.That's it.PERIOD

Same thing was happening in IB power also on the opening day.

Just go to NSEINDIA.COM
This is the position: As on 18-MAR-2010 14:08:35 Hours IST
Total Buy Qty 1316998       
Total Sell Qty       4198588

The sellers outnumber buyers by more than 3 times.
Even it tries to go up by 1 Re sellers will come running

You still think it will keep going up to 75 and 80 as our friend 'gem ipo finder' expects??

Now all kinds of explanations post event will keep coming from our so called experts.

Only Ravi Bangalore will be laughing as he goes by technical analysis and the charts are showing downward trend decisively

vishnu, sorry msg is 4 vishu 4 UBI request visu intimate

@ Rahul

Why?

ubi ab nahi chalega

vishu dont mislead people.
instaed all short covering will start happening from 2.30 p.m onwards. you will see this stock crossing 75 at 2.30 p.m
this is a good time to buy.

UBI

Will be hovering between 70 and 73 today

more sellers than buyers at NSE is an example/illustration

Total Buy Qty       1592434
Total Sell Qty       4129504

Sellers are flooding the market to make a quick getaway.

If it goes up by 1Re also more sellers will come and bring the price down.

80 is a distant dream.

Retailers be happy with 10 to 12% gain and go home.

@ 548. saurabh, book your losses on geetanjali and cranes. In market you don't buy shares to turn fortune within a day. Sadly people take stock market as best quick money solution. Don't forget 1 who keeps faith in himself always wins. And 1 who listens to others will always act like a slave. So stop wasting your money on "experts calls" and buy sound companies like RIL, SBI, NTPC, LnT et al (but not at current all time high hovering price).

You can buy NTPC more and add some RPower shares in basket too for period of 5-10 years. NTPC, planning to expand, will have 300 times more power generation once it's current and future projects are over but till than it's a dead stock for marginal short term gains, RPower will be next RIL, making people millionare. If market falls again buy these boths and if market booms sell getanli and cranes (better buy CRAINS as crude price are burning, if it stay above 80$ a barrel, it'll zoom to 100 in no time).

Msg no. 548.
By saurabh
On Mar 18, 2010
At 11:04:43 AM IST

Either you are a smart alec and you have disclosed only your loss making portfolio ... in that case you don't deserve any advise.

Or else you are an absolute fool .. and have bought only DUDS ... in that case, take a hint from your current portfolio and quit this market .. its not your karma to be here

Generally all PSU Banks during the day of listing will end with moderate gains, but over a period of time, they perform really well. Keep it for 6months and expect min 50% gains. This is the general trend with most of the PSU banks.

This UPA gov is in favour of PSU comapanies and going forward if economy has to grow at 9%, banks has to play a significant role, because they are like lubricant for the economy.

Be patient and give some time for UBI to perform, i am sure it won't really disappoint.

@ saurabh:
NHPC,Oil India,Power Grid.. i dont think anything can be done.. they will(i hope) by the year's end give a return equal to some FD.. nothing much can come out of them..

Jaiprakash, Suzlon.. its good to hold on.. espically suzlon.. things are horible for the company.. ther might be some down side but if (even i am betting on this case) things turn any better.. sky is the limit.. all we have to do is wait for crude to start running so that cost of energy starts hurting and ppl start following the wind.. literally :)

SCRIPT SHARES ENTRY PRICE CURRENT PRICE
Andhra Bank 30 105.60 99.40
Cranes Software 200 28.69 17.55
Gitanjali Gems 40 129.3 116.55
Jaiprakash Asso 35 152.83 151.15
NHPC 1420 36.00 31.45
NTPC 84 201.00 201.80
Oil India 5 1,157.53 1128.5
Power Grid Corp100 107.85 105.70
Reliance Comm 100 250.73 161.5
Suzlon Energy 170 89.20 74.85
UTI - Gold 15 1,695.03 1651

TOTAL LOSS IS AROUND 22000,PLZ SUGGEST WHAT CHANGES I CAN TO DO IN MY PORFOLIo

*i khow it's the site for ipo's but i m asking here bcoz there r very good analysts here.

Mr. Ipo gem finder do u still believe tht it will go upto levels of 90... if it is so than i can wait for some time...