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IPO's from Bajaj House, Reliance House, HDFC and some other big companies are rare to get. And HDB came with decent valuation. No point in exiting unless you need the money. I am holding for long term.
Might add some more if there is a dip or correction.
Might add some more if there is a dip or correction.
Yeah, me too, like I said earlier, holding. But I’ve got one concern in this zone (finance, NBFC), that’s of the bigger, more established players like BAJAJ FINANCE, TATA CAPITAL, ADITYA CAPITAL, etc., that’s why I am a bit reluctant, and now I am in a dilemma: should I exist or buy on dip, neglecting bigger players. Your view point?
I have very close friend working in fintech working in underserved segment. What I hear is that It is a tough market but ample opportunity. And can easily accommodate multiple of these players. I am pretty upbeat about this as of now. We can easily expect this stock to grow at 15 plus percent per year.
NBFC in India is evolving and huge potential with high risk. Players like Google are also investing in some companies like Progcap.
HDB has backing of HDFC for data analysis, patterns etcc.. So it's always long term game. As an investor you should understand risk is everywhere. It's our appetite at the EOD.
1.9 CR was the first lot bought for Delivery
At the end if the day, each investors/trader should follow a strick practice of exiting a stock of their target price has reached. So if your price has reached now, and you are happy with the profit, exit.
In my opinion, the stock will most probably reach ipo price or lower in the next 6 months before it begins to climb.
True', I don't have the free money for IPO, nor that much of interest in frenzy IPO with absurd valuations!!
But thanks to @tachniki for starting the thread, I looked upon on few things, although it's a long term bet, still deposited cash in bank and applied for short term, keeping in mind that for a week money deployment, a modest 7-10 % gain will cover the expenses of 2 Demat's annual charges after paying 20% STCG to Govt.
A lot of ppl follow this strategy. There is no harm on making 1900 - 2000 bucks in a week. When we look to save chillar on credit card rewards and cashback, this is much better ROI. The only risk is that it should list on gains.
Partially you got it, rest is - Just in case of adverse opening, stock must have that much intrinsic value/fundamental/group co, you can keep holding for long.
(Calculated Risk vs Adjusted Return)
Gain wise , It's like-
Total Gain 20x95 = 1900
Less 20% STCG = - 380
Less Charges. = - 40
Net gain = 1480
Investment =14800
Net % gain = 10 %
That's business - how to earn 🌽 money 💰, without 0 risk
shashank08
TF Premier
Will sell if it breaches below today's low..
Good Movement for now. Let's see where it's heading.
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