Shekhawati Poly-Yarn Ltd IPO Message Board (Page 1)

50% profit booking is advisable for short sale @ 111.50 as 110 looks hard to be breach. and then keep sl to cost

POST-MORTEM

Shekhawati Poly-Yarn stock under scanner after huge volatility

http://www.business-standard.com/india/news/shekhawati-poly-yarn-stock-under-scanner-after-huge-volatility/421724/

Jin logo nay listing pay buy kiya ya ipo may hold kiya sell immediatly. 3rd class co.

Tgt 20 rs

@CLD,

There is an disadvantage in Angel it's nothing but they charge minimum charge of 30Rs per contract note(eg. If you trade in BSE and say you are in 1 paise rate so you have to trade for 3 lac in intraday or 30k in delivery so that your brokerage will be 30 so no problem and say if you trade for only 2 lac then they will charge 10 extra since your brokerage comes only to 20)

They had said like this but for me they did that only once in the last 6 months

Regards margin no problem, they give 20 times or even more.. (Eg. Say you had opened a/c with 1lac and holds shares worth 1 lac, even then you can do intraday for 1 lac or more, so no margin problem)
They allow intraday in All new listed shares

Then till now i had not experanced any problem...

I think i had made you clear...

@CLD,

Actually they don't have any fixed charges and if you can bargain well the minimum charges can be even 0.005%(i.e 1/2 paise) for intraday and 0.05% (5 paise) for delivery
I heard this from the marketing executive working there and they will usually offer this for HNI's but you can get at 0.01% (1 paise) for intraday and 0.10% (10 paise) for delivery since your investment is at 1 lac.. (I opened an account for 80k and i got this brokerage).
The branch manager has the power to fix the brokerage so don't go by any sub-brokers because they usually charge higher because their profit sharing ratio is 60:40 so approach the branch directly and talk to BM(remember it should be a direct branch of Angel, should not be of sub-brokers)

You just bargain, saying that you already having account for lower brokerage and had came here to get it lower or say that your friend has has account for such lower brokerage then you will get it...

Don't give up, for increasing the brokerage by 1 paise even ok bargain as possible as you can and don't open a/c till you get the minimum ok...

@ Durai Raj,Tirupur
Thanks for response. please tell me angel brokerage charges for intraday & delivery in cash market. How much margin trading they allow for say one lakh deposit. Also do they allow intraday in IPOs till 3.30 pm on listing day. Have you ever experianced system failure in the opening & closing hour of the day which are crutial for intraday positioning.

Can anybody tell me -

1. whether short selling is allowed for all equities even if it is nt covered under F&O
2. Brokerage for short selling will be as per intraday or delivery ?
3. whether short to be covered automatically like intraday or we have to cover the short specifically
4. Charges/ day for not covering the short

528. Durai Raj,Tirupur

Intra-day traders start exiting after 3:00 p.m. It is my favourite time not only for IPOs, but also for any stocks.

I use Google Finance Chart for intra-day & End-of-the-Day (EOD) Chart in NSE website for positional. Using chart cuts your emotion. Putting stop-loss is the skill that comes by experience.

In case of network problem, call-up borker & square-off. I don't think it is great deterrant to stop trading after 3 O' clock.

Yesterday, I made 6,000 in 5 minutes in Deccan Chronical Futures. When you trade after 3:15 p.m. when you find white candles, risk-reward ratio is 1:3 due to short-covering particulary in falling market day.

Choosing counters which have discount in Futures is another favourite strategy to trade after 3:15 p.m. in case you find white candles after beating down heavily.

@CLD

Your are correct my friend...
I mostly avoid trading after 3. And
I had not came across any such problem till now, and if i had any problem means i will do any of the following..
1. Angel offers mobile trading software so i will logon by it or
2. Will ring my friend, who works in angel office or
3. Call the dealer to place the trade..

I don't have to worry, because i have some good relationship with few people working in Angel so i can use anyone to place my order...

But most probably if i had any proble with my system, will use my mobile immediately so if you had an account with a brokering house, in which you know someone working there then no problem man...

@Ravi, Bangalore

Sorry my friend, i don't know about sharekhan and Religare...

@ durai raj @ Ravi, Bangalore
It is highly risky to trade on such platform. your computer can get into problem or broker's investor link can get snapped etc. etc. It is stressful when your trade gets into auction mode since the outcome of the trade is only known after four days. It is also known that trades in auction mode are mostly disadvantageos to trader. How many times out of say 10 days of trading you have been trapped due to system problems. Is there any brokerage firm which allows trades upto 3.20 pm & after that the firm square off pending positions. I don't think peding positions are squared off automatic. It is done by brokerage firms for which they need some time before market closes. Please correct me if I am wrong.

523. Durai Raj,Tirupur

Sharekhan, Religare.

@Sreedhar,

Please suggest on this stock. I purchased it at 49 and in a huge loss. any chances for recovery?

@CLD,

I am using, Angel and they allow short sell even after 3 but i dis-advantage there is no automatic square-off in the system, so if you had forget to square off your intraday positions, the shares bought will be converted to delivery and sold will go to Auction, if you don't have in your account...

Dear Ravi, Bangalore
Dear
You could short SPYL at 64 & could gain some profits. As far as I know the stock was trading above 64 at 3.00 P.M. when most of brokerage houses stop intraday trading by investors from their terminals. As such investors could not short the stock after 3.00 pm when it started to fall. I want to know which brokerage platform are you using & how you could short it after 3 p.m. I had shorted at 62 hoping the script will come down but had to square up at 3 pm at 64.

The way markets behave, we are on the way to touch 5500 in the nifty it seems. Banking sector is under tremendous pressure. So far only IT sector was the saving grace. Now with Infosys announcing results not in line with the market expectations, where is the support going to come?

514. KK Natarajan

I bought at 57 in afternoon that stop-loss hit at 57 itself (1000 shares). Then shorted at 64 x 500 shares when it was coming down from 69 & covered at 59 (57 was support).

Shorted 1000 shares when breached 53 & covered at 33.

These trades were done by watching intra-day chart given in NSE web-site. 33 target was found in Pivot Table (available in web-site).

Sreedhar, Could you please suggest few stocks including entry & exit price from secondary market.
Thanks in advance

SPY open at 38.05, offer vol @ 38.05- 1510k, bid vol- 0
@ 9.20 AM