General Trading Chat

headstrong007

----- Full-Time ----- Day-Trader
@ST Sir
Another upcoming IPO dated 08-May-2017, 09-May-2017 and 11-May-2017
Name: Housing and Urban Development Corporation Limited
symbol: HUDCO
Issue Pricing: Inr. 56 to Rs 60

I really picked up interest in it especially bcos it is a Finance category stock in the Housing space.
Ofc, being Govt owned.

Many (if not all, although I think ALL), stocks have really ralied, in this space,
so is it a good bargain at the issue price and would you personally load some in your portfolio ?

Kindly share your insights. :thumb:
The issue is priced cheap but as the company is mainly in Govt sector housing and infrastructure financing,its growth will be limited plus it has issues of NPAs and other issues which Sarkaari sector has..so not a very high confidence apply for me...You may take a chance with smaller application with min lot and sell on listing.

Smart_trade
 

travi

Well-Known Member
Ravi bhai what price (56-60) should be filled in the online form, for retail investor?
That is price band, if u really want to pick 1 lot, then bid at its max of 60.
inr. 4 wont make much diff for u :)

Anyway, issue executes at avg price so if u bid 60 and its issued at 58, u'll only pay that much.
The floor price bidders have larger probability of missing.
 
On bank nifty it works well.

Vivek
4th May and 5th May were examples of that strategy in BNF....

Tomorrow will be a large range day in BNF as per other strategy mentioned there...will be watching the market action tomorrow. Interesting observations...

Smart_trade
 

vivektrader

In persuit of financial independence.
4th May and 5th May were examples of that strategy in BNF....

Tomorrow will be a large range day in BNF as per other strategy mentioned there...will be watching the market action tomorrow. Interesting observations...

Smart_trade
Sir, problem is a bit high stop loss. Now, whether one should attempt to alter a mechanical system?
On a side note TechM triggered a buy as per DeMark sequential.

Vivek
 
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vivektrader

In persuit of financial independence.
That is price band, if u really want to pick 1 lot, then bid at its max of 60.
inr. 4 wont make much diff for u :)

Anyway, issue executes at avg price so if u bid 60 and its issued at 58, u'll only pay that much.
The floor price bidders have larger probability of missing.
Now the HUDCO IPO suddenly disappeared from HDFC netbanking IPO site.

Vivek
 
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vijkris

Learner and Follower
Viju Bhai,
I am applying for this. Baad me na bolna bataya nahi...
Thanks bhai.

Here I prepared an excel of my portfolio:



So Banking/finance is already having big share. Hudco is also in the same sector na. So what should be done.?

What other good sector is missing in this portfolio ?

vagar11 and others pls respond.

Thanks.
 

vivektrader

In persuit of financial independence.
Thanks bhai.

Here I prepared an excel of my portfolio:



So Banking/finance is already having big share. Hudco is also in the same sector na. So what should be done.?

What other good sector is missing in this portfolio ?

vagar11 and others pls respond.

Thanks.
Pharma and IT are missing, now I got to know why they are falling . please buy them (in FII numbers) so that somebody can get out at break even.

Vivek
 

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