Technofab Engineering Ltd IPO Message Board (Page 1)

http://economictimes.indiatimes.com/articleshowpics/6540972.cms

Niren,
Ist qtr results are generally bad for all EPC cos so dont worry n hold uptill full year results.

Bye

Vivek

Mr.Shahranpuri,

What is your take now on TECHNOFAB? I have also held on to the allotments of the IPO thinking it will cross atleast 325. I think the I qtr. results were disappointing.

Guys,
This is one of the few ipo's which i missed out that has done reasonably well. Is there any use entering now? It looks to be in an industry which has good scope..but not able to find a comparable listed peer

L&T planning for stake in Technofab Engineering

FUNDAMENTAL OUTLOOK

Fair Value seen around Rs.270.

TECHNICAL OUTLOOK

Technofab (284)

Support 273, 268 (Normal Low), 245 (Extremely Low), Below 222 (Most Extremely Low).

Resistance 299, 311 (Normal High), 330 (Extremely High), 350+ (Most Extremely High).

If falls below 273, it will lose momentum.

2 big orders achive to technofeb engineering........
so see big up side in next 2-3 days...........
catch it.................................

SORRY AK...THAT WAS NOT TO OFFEND ANY1...I JUST SAID IT BECOZ OF SHORT COVERIN BETWEEN 11-2....AND IT DID RUN AT 12 BUT ONLY FROM 304 TO 310.........

Sold alloted 25 shares today at 292.35(stop loss).

Vipul

I marked your word.
You please also mark your word

Sir, i was applied in this ipo but syndicate member was not bided my appl. Where i will complant,thanks.

Dear Sreedhar,
I still hold 2 full lots even now and also added some yesterday at a price of 298, hoping to come out intraday, but then took delivery as the price did not improve. Our markets may not fare well today as the US indices are in the red. Hope it goes to the expected price of around 320, in the days to come.

Dear Natarajan,
Still holding Technofab?tomorrow if the rate comes around 290 I will buy again for some trading.These new Issues give a lot of scope for trading.I apply in paper form mostly since I can stop the cheque.I stopped the cheque only once in ARSS wherien I had applied for 6 full applications & stopped 3 of them as even a full application did not guarantee allocation.

Dear Natarajan,
Sold at 307.5.Will buy for trading purpose if it comes down.

dear Shreedhar/ Ravi Bangalore

i am holding 120 shares of Persitent at 406 pl. advice what should be done

Dear Sreedhar,
My gut feeling is that Technofab will touch 400 within 1 month, but I am also not going to wait for that to happen. I have 2 full lots left which I am thinking of selling within this week, may be around 320 for the first lot and if possible around 340 or so for the second. By the by, whats your call on Midfield Industries after the first days subscription?

guys...dont sell technofab below 350.....2morro it will run fast between 11am to 2pm.....mark my words............

Dear Natarajan,
Will sell all of my 244 shares tomorrow.Price will be from 310-315.I will invest the amount gained from selling these shares in other useful purposes.Hope to gain 8-10% from this money in 1 month so my effective selling price will be 340 & I think if Techofab reaches 340-350 also after 1 month It will be equivalent to my exit price 310-315.Hope you understood my point.

hi challa
no problem it is antother arssinfra it is going to crose 350 with in 2t3 days

you are the best