Harsha Engineers International Ltd IPO Message Board (Page 3)

Today, I think Harsha has made its low @ 446. It should not breach 450 again and shall gain strength from now on. There are more buyers on the NSE than sellers, which was not the case yesterday.

#Ipobull...buyer and seller data is totally bullshit....
I can place huge sell orders at UC hence indicating huge sellers.
I can place huge buy orders at LC hence indicating huge buyers.
Key indicator is macd lines...
if in bearish zone .more sellers
If in bullish zone ..more buyers

@Mz
buying Harsha @455 half of my capital . Or buying full force. ( 6 months to 1 year )

Keep cash in hand
Other stocks are also consolidating.
Results are 30 days away..
Diversify your investment for now.
30..30..40

Thanks @MZ

Read my post 1244.1
I told you na, Harsha will not breach 450 again. Try if you can catch it now. Selling in the stock is more or less over. It will go up now.

Revised post no. 1250.1

Haraha breach 450 today.
Now what's revised view for it??

Keep patience!!!! and wait it will not disappoint you. I read its Financials-very strong.

Surprisingly, it has breached 450. It could be attributed to extreme pressure from broader markets and some of the investors might have booked their profits. But still I feel it should not breach its listing price of around 426. If it breaches 425 also, then next strong support will be 400. But anyways I am not moving out of this counter anytime soon. Holding my breath till its Q2 results.

It proves that market is king, one should not make toll claims about prices.
Please took this as positive feedback

@Ipobull
Below 450
Every Rs 5 down = 20 share added to my demate account . I am following this strategy. I have capacity to purchase 200 share of harsha . My first purchase was 40@455 . Then follow this rule . Let's hope for the best .

@tri.vis
I predict considering demand seen for the stock, its financial performance, future prospects and consolidation levels. But since the basis for consolidation levels was very short term and excess downturn pressure was there in broader markets, it fell below 450 and I went wrong. But you see anything can happen like we have seen in 2008 (world financial crisis) and 2020 (Covid times). But I am least perturbed in Harsha. I still feel now 425 should hold. I am there for long haul in this stock, particularly I am interested to see its Q2 results.
@Prasen,
I think if its at least 10 down instead of 5. Because averaging should be done with good gap or else you can repent when there is a sharp fall in any stock.

Ok @Ipobull
I am planning to buy next sip 50@430

@Prasen,
I think you better keep it @ 432, its low the previous day. But you are free to take the final call as its your money.

Thanks for suggestion @Ipobull
I will consider your suggestion for buying Harsha .

The company is entirely dependent on exports for profits.
So don't assume stock will not fall.

@ashuezy... company is not an exporter but it has international manufacturing locations placed across different continents.
Export is a wrong interpretation of harsha's business.
While i may not understand economy that much, but rising rupee means more profit for internationally placed companies. Just in terms of conversion rates.

@MZ,
A small correction - falling rupee

Yeah

Enjoy the run in Nykaa, already 5% up today, lot more to come

Most likely the gap down opening will be filled today..again market saved by DIIs...they will buy and keep closing flat.

@MZ thanks for reply.

My query was for most stocks in general, Harsha mentioned for an example.

So is this theory applied to IPOs??

The theory only applies after listing and that too is just a speculation and not a standard theory. But yes gaps are filled.

@MZ
Thanks bro for expressing views related to theory

Gtt order's place kardo for 1 lot each..at every interval.. upto 600..

U still have to recover 25% of your principal amount.
So...u can sell 1.5 lakh worth of shares around 510..and keep 1.5 laks worth of shares as short to medium term. Principal amount mat fasao.
U can reinvest than amount if stock moves down.

Good that is is down only 5%👍

Yup...i make such groups and invest 2 times when they fall by 10% and 15%...then exit once they recover...as they recover the gains are actually 17-18%

Wow.. such innovative thinking regarding investing. 👌🏻

Hi

Unable to open the small case.

Can you share a screenshot of underlyings with weights

Equal weightage 7.69%

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Mirza International Ltd
Dwarikesh Sug...
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Syrma SGS Technolog...
Dixon Technologie...
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Campus Activewear Ltd
eMudhra Ltd
Dreamfolks Services Ltd
Vedanta Ltd
Tata Steel Ltd
Paradeep Phosphates Ltd

@Monster Zero- Most of the companies are newly listed and have High PE stocks. How this will perform in the bear market scenario? I remember we talked even in this forum lot about Nykaa and a few said it won't come under 2k. But Now no open mouth related to that. I can see IRCTC, IEX and clean science similar stocks hyped a lot but forgotten by the Market after. Sigachi also needs to add this to the list.

I find a good balance in these stocks.. except campus... This combo can give 25-45% in 1 year.

@Monster Zero- Thanks for the reply. If possible can you please suggest a defensive small case which Provide us 12 % to 15% Annually without much risk.

Defensive or defence??

Don't know about High.. but it's in bearish zone and if market closes positive then we should see closing around 510...
If breaks yesterday's high then 550 possible.


Not a buy/sell call...just. Piece of information

@Monsterji,

Thanks for your valuable advise.

Disclosure: i have put sell orders at 554...with 20% amount to buy again under 500.
Clear swing.

@ Monster Zero,
I have sold 1000 shares @ 504 SL. Again purchased @ 474. You buy now or may be in a day or two at less than 500. Because once it is above 500 after this near term correction, it will not again come to these levels.

Bought 212 @472.....as crossover is building up .RSI is low...
Downside today 460...upside 525-530...as per RSI on intraday chart
let's see..

Hold for long term