KSRK sir, lokes and others - Are you guys still accumulating TCS or already bought completely ? I bought 7 @3870. Today at 3830 its more attractive but dont have much fund now. Will buy once Nucleus funds release. Still more 38 shares i want to buy. Thinking that on budget or after budget it might fall more. What do you think, will it go below 3800?
@ DuckkyDuck : i am buying from two accounts....i bought around 20 shares in both account around 3870 avg price, will add more if it goes down....will leave some room for addition after budget also else if no fall after budget then will add remaining 5-10 shares at whatever price near record date. it can go below 3800 like gone today itself, next week also, depends on market mood. but probably due to buyback, it wont do much down until 2 days before record date.
I also bought 20 Shares at average price of 3900/-. Thought of averaging more around 3700/-, however stock reversed from 3780/- Assuming we have funds, is it better to go in General Category or Retail category??. Since there will be guaranteed returns, asking this question. Anyhow after Adani Wilmar IPO, we may not have any good IPOs.
@suneel: for sure, retail category will have better acceptance ratio here as informed in my other post also in this forum. Promoters are also participating to good extent so general category will have much lesser acceptance.
Thanks @Lokes, If promoter is tendering his shares in buyback, then AR will be very less. If not, for stocks like TCS, general category will be much profitable.