VA Tech Wabag Ltd IPO Message Board (Page 3)

1536. Lost in Market

You have 2 lac. it is not small amount. Buy Natural Gas November contract (180) & roll-over for 3 - 4 months. No stop-loss required. You need Rs.95000 capital for one contract to hold without stop-loss. You will get Rs.1 - 1.25 lac profit before summer. That is how I trade.

This is how I make trades.

1541. Anonymous

If it is able to hold 1650 after 3:25 or 3:28, buy with just Rs.5 stop-loss. If breaks 1650, next support lies at 1500 only.

Fundamentally, its price is not in proportion to its revenue & profit.

Hi Ravi, Bangalore

What is your suggestion on VA Tech

It is a buy now at 1650 and What is target for week time?

SKY

Dear Boarders

NSE PRE OPENING SESSION TO START FROM MONDAY
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The pre-open session shall be duration of 15 minutes i.e. from 9:00 am to 9:15 am. The pre-open session is comprised of Order collection period and order matching period. After completion of order matching there shall be silent period to facilitate the transition from pre-open session to the normal market.

Accordingly, Normal Market / Odd lot Market and Retail Debt Market will open for trading after closure of pre-open session i.e. 9:15 am. Block Trading session will be available 35 minutes from the open of Normal Market.

Eligible securities

The call auction in pre-open session will be introduced initially for securities forming part of indices CNX Nifty and SENSEX.

Market parameters

Lot Size      
Same as Normal Market

Tick Size      
Same as Normal Market

Price Band      
20%

Book type      
PO


Trading session

Pre-open session shall comprise of two sessions viz.

• Order collection period.
• Order matching period.


Order Collection Period
• The order collection period is defined as the timing of pre open session. During this period orders can be entered, modified and cancelled. 8* minutes shall be provided for order entry, modification and cancellation. (* - System driven random closure between 7th and 8th minute)
• Both Limit and market order will be allowed.
• The information like Indicative equilibrium / opening price of scrip, total buy and sell quantity of the scrip, Indicative NIFTY Index value & % change of indicative equilibrium price to previous close price shall be computed based on the orders in order book and shall be disseminated during pre-open session.

Order Matching Period
• Order matching period will start immediately after completion of order collection period.
• Order will be matched at a single (equilibrium) price which will be open price. • The order matching will happen in following sequence
- Eligible limit orders will be matched with eligible limit orders
- Residual eligible limit orders will be matched with market orders
- Market orders to will match with market orders
• During order matching period order modification, order cancellation, trade modification and trade cancellation will not be allowed.
• The trade details will be disseminated to respective members before the start of normal market.

Determination of Equilibrium / Opening price
• The opening price shall be determined based on the principle of demand supply mechanism.
• The equilibrium price will be price at which the maximum volume is executable.
• In case more than one price meets the said criteria, the equilibrium price will be the price at which there is minimum order imbalance quantity (unmatched order quantity). The absolute value of the minimum order imbalance quantity will be taken into consideration.
• In case more than one price has same minimum order imbalance quantity, the equilibrium price will be the price closest to the previous day’s closing price. In case the previous day’s closing price is the mid-value of pair of prices which are closest to it, then the previous day’s closing price itself will be taken as the equilibrium price. In case of corporate action, previous day’s closing price will be the adjustable closing price or the base price.
• Both limit and market orders shall reckon for computation of equilibrium price.
• The equilibrium price determined in pre-open session is considered as open price for the day.
• In case of only market orders exists both in the buy and sell side, then order shall be matched at previous days close price or adjusted close price / base price. Previous days close or adjusted close price / base price shall be the opening price.
• In case of no price is discovered in pre-open session, the price of first trade in the normal market shall be the open price.

Unmatched order
• All outstanding orders will be moved to the normal market retaining the original time stamp. Limit orders will be at limit price and market orders will be at the discovered equilibrium price.
• In a situation where no equilibrium price is discovered in the pre-open session, all market orders shall be moved to normal market at previous day’s close price or adjusted close price / base price following price time priority


Index circuit filter

In the event NIFTY breaches its prescribed threshold limit upon calculation of the opening value of NIFTY at the closure of pre-open session, a trading halt will be triggered as per SEBI Circular Ref. No. SMDRPD/Policy/Cir-37 /2001 dated June 28, 2001 on index-based market-wide circuit breaker system. The trading halt shall be applicable at the start of the continuous trading session. The index breach will not impact the execution and confirmation of trades during the pre-open matching session.

Risk Management

All orders received in pre-open session shall be validated at the applicable margins for sufficiency of available capital prior to acceptance of the orders. If the available capital of the member is insufficient to cover the margin requirement of the order placed, the same shall not be accepted for the pre-open session.

The existing risk management framework shall be applicable for trades resulting from pre-open session and trades during the normal market session.
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To 1527,
No hard feeling brother....But you are making a guy in highlighting by writing offensive about him always. I telling it in general not targeting you only. It will be very good if everybody learn to do there own research in stead of relying on person always.
All the retail investor should do there own research and do some home work like reading the Balance sheet of a company before investing in the company.
I just wanted to raise this idea among the boarders rather than following some body always. Respect one's views or comments and try to give your own also.

MY APPLI--41219538,41319539,41319540,41384266--WHAT ABT REFUND OF MONEY

VA TECH ---APPLICATION NO.41319538,41319539,41319540,41384266 ---WRAT ABOUT REFUND OF MONEY

@1536. Anonymous. If I invest only surplus money, it will take 20 years to to recover the loss which I made in 2+ years only. It is very difficult to wait for such a long time. However, I strongly believe that the market will be above 50000 by Mid 2013 but if I don't invest big money in one shot, I will not be able to take benefit of Market at 50000 in Mind 2013 also. Bcoz I will be buying stock at 50%, 100% and then 200% more of their current price hence my profit will be more or less Zero.

Now only a Jai Corp or VENKEYS, Tata Motors, LIC etc can save me.

Are you able to suggest something which may turn into next Jai Corp.

Lost in market
I have been going thro' your messages regarding mounting losses in stock market and urge to recover the same in a hurry.
Investing /trading in market require lots of patience, discipline, consistency in applying a trading method and strong money management rules. As trading is a probability game, never ever think of trading with leveraged money as it may compound your losses further.
Please try to acquire above skills and invest only your surplus money in the market in a systematic way without going for any leverage in future.
I am sure; you will definitely recover your losses and profitable, once you start applying the above skills.

Your well wisher

Hi SJ,

I exited number of IPO shares

1. Eros @ 187
2. Career @ 572
3. cantabil @ 117 (I booked loss to reduce further losing)

In shares sales it is almost no profit no loss or with very negligible profit.

Still holding
1. Tecpro
2. Vatech
3. Asoka.

I expect good listing for Asoka tomorrow (atleast 15% premium). Lets see. If it is going to be listed in premium, I will see some profits from these recent IPOs.

I did not buy other recent IPO shares including Oberai.

What is your advice on the present IPOs that are already open and coal india? please let me know.

Thanks.
Gane.

@1519. Ravi, Bangalore. Thanks for your comments. Whatever you said every thing seems to be true but very difficult to adapt in normal condition. I know whay I lost moey. I have 2 reasons. 1st, I did very heavy intraday to earn once I came to know that you can buy 10 times or 12 times more share than you had in your account so the profit will also be 10x or 12x. I earned 100 Rs. one day but lost 1000 Rs. in next 4 days and to cover that 1000 I lost more and more and more. 2nd, I ad very good portfolio. My initial portfolio was having IFCI, IDFC, Power Fin, Idea, OMAXE etc at very low rate which I sold with almost cost price bcoz they were not going up even after 2-3 months or buying (that time I just entered into the market). Later I bought more share. It was my last portfolio before I had to sell each and every shares bcoz of loss. And it happened 2-3 times that I had to sell a share, I earned some money through intraday but sold again those shares as I made loss again. This portfolio was having shares like GMDC, MIC, Walchandnagar Ind, Unitech, KGL, Central Bank and TRIL. I wan to have all these shares again in at least same Qnty if not double. But that can be done only if I make real profit in next few months bcoz all these shares are already more than double form the price I bought originally. 3) The biggest mistake was not to average these shares when they were down by 80-90% in 2008. My total investment for these shares was around 26k and had I put another 2600 only, I would have been averaged these shares by min 50% of original price. But that I did not do and then finally lost all to earn money through intraday to average these shares.

Paper trading is good to learn but not good practically. Bcoz by the time I learn something through paper trading. market will be above 25000 and I will spend much much high amount to buy all these shares again. So if I am away from the market, which means I am wasting my time and maket is going beyond my reach and I may not be able to catch it at all. Market is going to see 30000 by end of 2011 and 50000+ by Mid 2013. So time is very less to recover as stocks are going high and high.

Do you think that market at 30000+ by next year end, all the stocks will be min 300% from their current level. IN that case which stocks can give more than 800% return. We need to identify those stocks only.

In realty, I don't have anything left to invest but still can try to do SIP of 4k/ Month. I think it will be better to take some big loan and put all money in market as by next year end, my share price will be 300% or more so I will be able to pay the loan + recover some loss (at least 50%) easily.

I bet on HDFC, VENKEYS, Castrol, MRF, Tata Motors, LIC, SBI, TechM (or any other IT Stock), KGL, Unitech, Central Bank, Gujarat Ambuja Exports , Sesa Goa and some other stocks that they will be min 300-400% by end of next year. Can we also expect that the way Tata Motors, VENKEYS and LIC jumped almost 1000% in just 1-2 years, we can expect another 1000% or at least 600-700% jump in them in next 1-2 years?

Please suggest, if I can buy all these stocks (will try to invest 2 Lakh one final time)

Dear Traders.......

What is our take on VA Tech for tommorrow...

1.) Opening pice ? 2.) max price can touch in the day ?

Or any other??

I got my ECS at 4pm today

Refund through RTGS not received so far.
Can any one inform on this.

Sold 9 shares at 1785...share may go upto 1850-1900 and also 1550 on the downside..so did not want to take risk due to the expereince of the recently listed IPO. It is very good company and the growth for another 1 year seems to be fully priced in.

Dear Ravi Bangalore...

That was a good lesson for all to keep in mind before investing.
I just want to know about Ramky...whether to keep the IPO lot or get out of it. What is the SL and at what level buying would start..pls advc.

Dear 1524,

Sorry you have got me wrong, I have no intention to write nasty comments to you, you have your own views, we have ours, that guy was unprovoked was giving bad words to us, that time where were you, What are you talking of raising us to his levels, infact we havent stooped to his level, I would request you not to support people like him who behave in such a manner, Look at all his recomendations, you need more of him.

@1522. Anonymous Oct 13, 2010 4:04:26 PM IST
I am SH not Sj. If you or your friends are ever in Hyderabad you can meet me in person to see for yourself that I am SH and not anyone else.

I read most of the posts. I also search the web for information. Based on how much risk I can bear I then take a decision. This decision is mine and mine alone. I take all the profits and losses...not someone else. In this process I found the posts by Sj, Ravi and others quite useful to me...which is why I thanked them.

RAVI BANGALORE ,
FOR 4 SHARE I WILL NOT CHEAT
I HAVE SOLD AT RS 1800 ONLY AND THAT TO IN ONE OF MY ACCOUNT I HAD RECIVED 5 SHARES 4 I HAD PUT THE RATE AT 8.50 AM OFF MARKET TRADE
AT 3 OR 4 HIGH IT WENT TO RS 1799 AND CAME BACK TO RS 1674 AND AGAIN IT HIT RS 1806 AT THAT TIME IT WENT OF AT RS 1800 WHEN IT WAS TRADING AT RS 1786 I WROTE THAT I HAVE SOLD MY FOUR SHARES AT RS 1800 AN WAY WITH AN ALLOTMENT OF 32 SHARES I SOLD 20 SHARE AT RS 1730 TO 1735 AND 4 AT 1800 NOW REMAING FREE SHARE OF 2 +2+2+1 IE 7 SHARES ARE REMAING FREE OF COST
WE APPLY IN MY FAMILY NAMES IN DIFFRENT ACCOUNT I CANNOT SELL AT MAXIMUM RATE ALWAYS BECAUSE WE GET HIGHER SHARES IN ALLOTMENT AND I CANNOT OPEN ALL TRADING ACCOUNT AT A TIME I HAVE TO CLOSE ONE AND OPEN OTHER AS I DO ON LINE TRADING
SO MY PROFIT IS FIXED THE DAY I APPLY IN IPO WHAT EVER BE THE GREY MARKET PEMIUM I DECIDE AND THE APPLY AND LAST 40 YEARS I DO THE SAME I STICK TO MY PROFIT BECAUSE MOST OF THE TRADES DO NOT APPLY IN AN PARTICULAR IPO AS THE CASE MAY BE
BECAUSE THEY FEEL THAT IT IS NOT AN GOOD IPO SUDDENLY AT THE DAY OF LISTING BECOMES GOOD SO THEY BUY AT MY SELLING RATE EARN 10% BUT I HAVE ALREADY EARNED 15% SO IF IT GOSE UP TO MAXIMUM 25 %THEY SAY YOU ARE MAD WHY YOU SOLD BUT THE MAIN POINT IS I EARNED 15% AND YOU ONLY EARNED 10% SO IT I LIKE THIS
I REALLY MAY EARN LESS BUT NOT LOOSE MORE IN LISTING OF AN IPO
THANKS I STILL HAVE 7 SHARE WITH NIL AMOUT THIS IS MY PROFIT
BUT MY RATE FOR 6 SHARES WILL BE RS 1733*6=RS RS 10398 AND FOR ONE SHARE IT IS RS 1800 , FOR 7 SHARE MY RATE WIIL BE RS 12198
12000 PROFIT IS DUMY WHEN I WIIL SELL THERE IS GOING TO BE LOSS
AS THE RATE MAY OR COME DOWN BUT THAT MONEY I WILL KEEP TO TAKE MORE RISK IN AN IPO IN WHICH YOU ARE NOT APPLYING AND AGAIN EARN MORE
MY FIRST IPO WAS MACLORD RUSSEL AN TEA SHARE IN 1972
GOOD LUCK AND BYE

Dear 1520 and 1517,
I am not writing this in favor of SJ, but I really have my sympathy for you guys as you have no other work but only watching SJ's posts and keep an eye when you can blame him on his failure. If you really have to fight with that guy then lift yourself to that level and come up with your analysis to counter act his views. Rather than hiding behind anonymous and only opening your mouth when his analysis went wrong.

It makes you people very small when shouting at SJ and making fun of him.You are among those millions who keeps on blaming others for there own failure and never come up in there life.

I really want you people come front and debate if you are not like anybody's view rather than hiding behind and cursing when you are in a loss.

I don't know what kind of enjoyment you are getting by writing these kinds of third grade posts.
Please at least don't pollute the pond if you can't clean it. If you really don't like SJ and his posts and try to give your own analysis which people will follow and become fan of yours.

Hope to get nasty comments on my post by you guys too.