Don''''t sell IPO shares for listing gains. Although i have sold.. i have learnt it the hard way that it doesnt pay to sell IPO shares..
If you got IPO shares and sold for listing gains you would make 20-30% overall from all IPOs alloted. But if you held all the IPOs your gains would have been around 60% .. just do the calculation for all IPOs listed .. i did and arrived at this figures..
all these InvIT funds.. do they have any downside limit? if it was given at 100 can it go to 80? what kind of debt instrument is this where they promise 12% return on dividend.. what;s the use if principal is not protected and why did people subscribe?
tcs and nifty call... very good IM KP! not that i had positions but awesome!! now please track the moment when we can buy puts for heavy gains.. i think 9600 or 9700 would be big resistance.
the biggest worry in PSU banks is not NPA clean up as projected on TV.. it is credit growth.. is it at 60 year low.. not sure if anyone agrees but when you cant really bring in more business PSUs will have to correct.