Today initially Law Sikho opend in red & went to the extent of 279.80 then after it reversed up & close in UC @ 309.20.
The big operators pressed painc button and the small weak investors sold their holding to the strong 💪 investors. This is the normal phenonma of the market. The small investors can't wait so long and not in position to bear a loss. In these two days the weak investors may have sold their holding and now most of the strong hands may have the holding of Law sikho. It will be very interesting to see the movement of this stock in the coming days.
Today 1789 lots exchanged hands, total retail + hni lot size is 1994. Does it mean, only 1994-1789= 205 who got alloted has hold their position, rest all has done profit booking.
143. M Gupta| Link| Bookmark|
January 30, 2024 11:16:28 AM
IPO Guru (1000+ Posts, 3100+ Likes)
Sincere regrets for not predicting correctly. But i still hope, sonner or later, this will bounce back and go to new highs.
@M Gupta No sorry. It lists well @310 & went upto 320 but after that profit booking started and retailers sold their holding.
Your prediction was right 👉✔ but your prediction have stollen by the Konstelec. Law sikho & Konstelec have good understanding & they have interchanged the uc & LC. 😝😛🤣🤪😂🥲
142. Sinewave| Link| Bookmark|
January 30, 2024 8:49:17 AM
IPO Mentor (600+ Posts, 300+ Likes)
@M Gupta Glad to see your confidence in Law Sikho. Salute to your prediction. Hope tomorrow it will approve your confidence.
132. M Gupta| Link| Bookmark|
January 29, 2024 3:50:31 PM
IPO Guru (1000+ Posts, 3100+ Likes)
Lawsikho listing may surprise on positive side, long term is bumper, the Company has a niche business, growth in past financials and sky is the limit for future. It has the X factor also.
130.1. JSK✨| Link| Bookmark|
January 29, 2024 1:28:54 PM
IPO Guru (1600+ Posts, 900+ Likes)
Everything is small, big or regular wave, currently SME is listing way more than GMP and josh is very high. It was there 2 months ago and SEBI placed surveillance on it and all of sudden some very good SME IPO listed at IPO price, so far no such fear though but be alert in future.
Yes, we can predict the same for Lawsikho as well but we need to be practical and follow demands/supply during and post listing too. I will mostly hold to see the picture and act accordingly like Australian solar.
@Jai ho IPO, Law Sikho size is big (60 Cr). So, more selling needs to be absorbed in pre-open for a good listing. My personal opinion is it should list 340+ for sure jis tarike ka euphoric mahaul chal raha hai.