This should start Moving up soon. Logic: Total Number of lots in IPO----approx 2080 Total Number of Lots taken on Delivery till 18th Dec ----- 2163 (taking 50% Delivery every day) Looks like weak hands are gone.
Positives for this Company I believe it will atleast double in one year. Logic: 1.Consistently growing company 2.Money will be used for subsidiary 3.Money will be used for Capex 4. we are in Tropical country.we need cooling solutions 5.No comparable Peer 6.Increase in disposable income of Population leads to new food habits which is mostly frozen foods ( If you see in developed world they have lot of frozen food iles) and many more.
I believe this will have a good long term story. Disc: I hold one lot brought @95
High level manipulation are going on... DONT buy at these levels... This should come down to 75-78 levels in a few days if you want to buy for long term. Its trend is like ACCORD which is trading below issue price at the moment!
you will get it at lower price. I am waiting too. day 1---no volume---uc day 2--little volume---uc day 3--very high volume lot of fluctuation and ended UC( 46% Delivery-means Traders pushed it up) day4- Lot fluctuation and ended below days opening day5 (13/12/17)-panic starts and Lot of retail investors will offload their holding
This week possibly.. i think it is better to sell on after Thursday.. still huge buying volume was there.. sell it on friday or Monday there will be 5 percent circuit
1 application allotted to me, its second day of buyer, what should i do, whats the exception..? experts please give your expert opinion..thanks in advance
Don''t sell tommorow, on Wednesday 10% circuit will be applicable. Based on tommorow''s volume and delivery figure take decision on Wednesday, whether to sell or not.