Le Merite Exports Limited IPO Message Board (Page 3)

@PML
are you still holding your allotted krishana defence? already crossed mine 78.75. today locked at 76. tommo expected 72.2. i am holding and will hold long. requesting your opinion. till what level do you see the drop & reversal? TIA

Further suggestions by @Noorul sir and @Avenue Sir are also invited.

Thanks

@Noorul,
I'm holding both my lots. I missed Lokes suggestions to keep SL around close to UC. The way market has come to 16000, it should stabilize here. What is your plan for both your lots?

Upper circuit means there are so many buyers at this price, but no sellers. So you can easily sell now if you wish to do so at UC price and instantly your order will be executed.
Its tough to sell when lower circuits are hitting (means no buyers, all sellers) and tough to buy when upper circuits are hitting (means no sellers, all buyers).

Lol.. :)

@Lokes Sir are you still holding your one lot?

R u holding

@Lokes.. Precision is up 6%... :)

@mehul @ayan : yes as informed in other post, i am holding it and will keep holding for some months....or i may sell around 100 if that comes soon....
@avenue: ya precision is hovering around 40 levels from long time.....these upmove won't make differences until it will make some breakout above last resistance of 45-46....
that maruti interior last week i placed AMO order at 85 and it came till 84.55 and my order missed now it came down a lot. Luckily my one lot of swaraj got sold by AMO order at 86 (day high) last week....today i bought 1 lot of krishna defence at 81 in morning, missed to buy kn agri (placed order at 185)....

LME Limited,, above issue price now.. at 76.20 rs. holding is key here.

@lokes

Are you sure it was anant who put orders at 22.5, if it is please anant dont do like this.

Lol
i had a bid at rs50 for 144000 shares.

@anantagg,

Was it sell bid or buy bid?

@ anantagg

brother you can put sell at 70-75, your share would have sold also,
by putting this much share for sell at 50, it dampened the listing,

it may have opened at 80 or more if you have put bid near 72-75. more profit for you also yar

NKJ sell bid

Bhav its same thing only. Wouldnt make any difference.

@anantagg

no bro listing price is average price of buy and sell order, if you put at 50 average price comes down, if you put at higher price average price increases,

experts @ lokes, @ nourul, @ avenue, @IPO analysis, correct me if i am wrong.

@Bhav Its his choice to at what level he wants to put sell order, He is holding lots of qtys he also have to deal with liquidity issue with SME scrips.

If stock is good eventually it will give good returns. We just have to show some trust and keep holding it patiently.

@lokes Sir,

Nice to know you bought Krishna.
Holding 1 lot @ 75 for long term.
Are you still holding KN Agri that you bought earlier @ 216 (if I am not wrong) ?
Holding 1 lot @ 131.8 for long term.

@ mehulstk ,

I am not forcing him at anything, i know its his money ,he can do what ever he want, we are just discussing the possibility and to learn and hope to maximize the gain,

Just discussing the strategies, i am just suggesting that if sell order price have been set around 70 than MAY be listing will be higher.