No need to follow this - these are my Observations/Opinions only. Sawari saman ki khud jimmedar hai
I am IPO investor only with no plan to hold most of my allotments.
I do hold 50% of allotment when the company is solid or is undervalued. Examples include, Waaree Energies, Sagility, Premier Energies, NSDL, Dam Capital, MBEL and Ventive Hospitality. I hold 50% allotment or full allotment in these IPOs
Remaining IPOs I get on my personal account, I sell on listing day itself because the plan was to get listing gains only. I don’t track those IPOs after i sell them.
Coming to my Observations: (in hindi coz i think in Hindi)
10:10am tak high lag jata h 80% time
Agar iss time k baad bhi stock uper hai toh strength h bulk sell nhi karna hai.. thoda thoda sell karo
Most of the time 10:30am tak price settle ho jaegi 1 direction me
Follow strict SL incase you just wanted listing gains like sudeep pharma ipo
When you see listing price
1. Keep trailing SL at 5% for Listing gains >15% That way you can sell near at day high and will not exit at loss after all the charges.
2. People with listing gains mood only - For IPO that gives 30-40% returns on listing, If you don’t sell at listing day due to strength or SL not hit, then keep trailing with strict SL and as soon as stock breaks previous day SL - 5% sell off immediately.
3. For listing gains people - Never keep any stock which has broken IPO price within first week of listing example Jaro and TruAlt - when these will come back to IPO price you never know.
4. Long term wale apne risk ko khud samjhe
5. For short term people - start selling in chunks when your target meets and keep your target as final SL
6. If want to do swing trading in IPO that you sold earlier due to point 3, get in if listing day high gets breached with good volumes.
Whenever you get 100% gain on IPO (listing day or later) sell off 50% and secure your invested amount. Now even if that company falls, your shares are effectively free.
I can think of these right now. Will edit later if anything comes to mind.
No need to follow this - these are my Observations/Opinions only. Sawari saman ki khud jimmedar hai