Technically AU is still strong. everyday block deal is happening ... So holding till that
1204.5. Viraj.| Link| Bookmark|
July 12, 2017 11:57:28 AM
IPO Mentor (900+ Posts, 1100+ Likes)
Yes and i m also tejas stil holding stock move 257 to 377 , so 8 to 10 % correcsion expected
1204.6. COMMONMAN| Link| Bookmark|
July 12, 2017 12:15:24 PM
Top Contributor (200+ Posts, 200+ Likes)
Arjunbhai As per your yesterday eve msg i sold @ 600/-
200. Arjun Patel Jul 11, 2017 10:05:09 PM IST I Like It. 5 | Report Abuse Reply Top Contributor Top Contributor (400+ Posts, 300+ Likes) Au Don''''t sell Target 600/-
Market is chasing growth rather than current PE or EBITA, FY18 earnings and growth is the KEY right now.. So all excellent (expensive) stocks are moving at faster rate than market, DMART, CDSL, BSE, Maruti, HDFC bank, ICICI bank - all expensive stocks are on radar and FII/MF are chasing them for sure shot returns. Invest wisely.
1198. Chem cho| Link| Bookmark|
July 12, 2017 10:43:33 AM
IPO Guru (2500+ Posts, 2700+ Likes)
I do not no but at this rate people are not ready to sell @rs 607 -rs 617 some are buying and so short sellers are tired but now selles are more that buyers at 10.40 am
let see what happens if it closes below 599 then short sellers have made their day for today only
1196. Chem cho| Link| Bookmark|
July 12, 2017 9:49:54 AM
IPO Guru (2500+ Posts, 2700+ Likes)
HATS OF TO THIS RS 602 AU FINANCIER SCRIP THOSE WHO GOT IPO allotment today gained nearly 65 % and those who brought on listing gained about 10 to 12 % at price 600 at 9.45 am
Yes accepted its overvalued but when market in bull run never mind of that eg: Dmart which is overvalue than Wal-Mart .People always in bullish view which is trend now...!!!
Always have SL and continue the rally in upper circuit. My SL : 1st 541 first day close , 2nd 525 Which is listed price .
That''s what happens when shares go up relentlessly without concrete fundamentals.
......All started when tejas listed flat and up 40% in 5-6 days without consolidation .so now a big bull group of tejas exiting, so other have to follow like CDSL, GTPL and newbie AUbank..this is what m seeing/guessing. May/may not be true.
Right now a new sector in bull run ,The great IPO new listed shares sector ☺☺,so every tom,dick,herry bound to run unexpectedly.look at hudco,Eris,s chand,au,cdsl
1188.4. MINTO| Link| Bookmark|
July 11, 2017 8:21:39 PM
Top Contributor (400+ Posts, 400+ Likes)
The current bullish trend in share market is not because of any significant growth in company''s fundamentals. It is just the investors money pumped into the market FIIs etc.
I wonder how sustainable this trend is. AU Bank should not be trading at high values so soon. one should be cautious and track the stock regularly.