PTC India Financial Services Ltd IPO Message Board (Page 28)

SEll on monday and apply in FPO...

I think I have become insane. The futures shorting I was referring in my post No.4 is April futures, not March as I have mentioned there.

ONGC
TODAYS PRICE ON 4 MARCH 2011 RS 268.85
LOW PRICE 249 22 APRIL 2011 ONE YEAR BEFORE RS 273.63 (NOTE ALL PRICES ARE DIVIDED CONSIDERING BONUS SPLIT IN 8 FEB 2010
2YEARS BEFORE PRICE COMES TO RS 162.51
200 DMA IS AT RS 315.29
150 DMA IS AT RS 318.54
50 DMA IS AT RS 291.73
30 DMA IS AT RS 279.76 AS ON 5 MARCH 2011
LONG TERM INVESTMENT IS GOOD
APPLY FOR LISTING GAINS IF IS PRICED AT RS 250 AND BELOW OR FOR LONG TERM INVESTMENTS NIFTY IS IN THE RANGE OF 5500 TO 5400 HENCE AT THIS INDEX IS LOWEST RATE AVAIABLE .BENT CRUDE IS ALSO ABOVE 112 $ AN BARREL

ONGC IPO
TRADING AT RS 269 AND WAS RS 300 WHEN IT WAS SPLIT AND AFTER BONUS SHARE RECIVED ON 8 FEB 2011
AT RS 250 (FACE VALUE RS5) AFTER DISCOUNT OF 5% IF ANY IS CHEAP
LAST TIME 2TO 3 YEARS BACK IT WAS ISSUED AT RS 700 (FACE VALUE 10)
BETTER THAN RELIANCE SHARE AT PRESENT SITUATION

dear shreedharbro now its clear ongc fpo coming in appril.please give strategy for ongc .what to do shorting future or buying put .

In futures I mean. Even it can be done for the March series as there is time for listing within March.

Is it time for those who apply in full load to short the shares of ONGC?

what will be the FPO price per share??

Face value has already been split to Rs.5/= per share. Hence, FPO cannot be at Rs.10/- face value. Please check and correct.