Bajaj Housing Finance IPO

[sjmajumder]

Sold the 2 lots of ECOSMOBLTY today at 551. Held for 14 days and sold at 65% profit.

This always happens when I sell something...hit UC at 593.70

I know one can't go bottom and peak hunting...but this is way too much

 

[sjmajumder]

Thoughts on Arkade and Northern arc?

I have applied for both. 67% and 72% GMP

I have applied for western carriers as well - 37% GMP

 

[chadsterpiece]

I have applied for both. 67% and 72% GMP

Epic! How many lots did you apply for?

I applied to both too. although just 1 lot. made a little comparison of the two a while back -

 

[sjmajumder]

Epic! How many lots did you apply for?

I applied to both too. although just 1 lot. made a little comparison of the two a while back -

View attachment 69125

1 lot each from 4 PANs. Nowadays all IPOs are oversubscribed so no point applying for more than one lot in RII category.

 

[sjmajumder]

This always happens when I sell something...hit UC at 593.70

I know one can't go bottom and peak hunting...but this is way too much

What's up with the market today? Even OLAELEC hit UC. Thank God didn't sell it too.

 

[sourpai]

1 lot each from 4 PANs. Nowadays all IPOs are oversubscribed so no point applying for more than one lot in RII category.

But isn't probability of allotment higher if you bid for more # of lots?

 

[chadsterpiece]

1 lot each from 4 PANs. Nowadays all IPOs are oversubscribed so no point applying for more than one lot in RII category.

Can you back off later if it so happens you get alotted from all the accounts?

 

[sjmajumder]

Can you back off later if it so happens you get alotted from all the accounts?

N O WAY

 

[sjmajumder]

But isn't probability of allotment higher if you bid for more # of lots?

Not in RII when it is oversubscribed.

 

[Zacobite]

But isn't probability of allotment higher if you bid for more # of lots?

no.. per pan.. 1 chance

 

[shashank08]

What happened with tata tech post listing?

Look at the chart of tata tech IPO.. It is not able to achieve first day high till now. In fact went down significantly. Be in the Bajaj HFL till the time strength is there and one can plan staggered exit if big position is there like S/BHNI.

 

[wuodland]

I exited Bajaj HFL yesterday. Maybe it wasn't the right move but feeling this is beyond euphoria that we are seeing

 

[sauravkumar]

What's up with the market today? Even OLAELEC hit UC. Thank God didn't sell it too.

Sir one suggestion (as advice I cannot give since not a SEBI registered advisor) - don't sell anything tomorrow!!
Wait for tomorrow's FED meeting outcome!!

Actually I already mentioned it yesterday. FED meeting is tomorrow and it will have a major impact on Indian markets also.
If they start rate cut from tomorrow then all shares regardless of quality will go up and up only.

Wait till tomorrow!!

And also note that tomorrow is Settlement holiday!!

 

[sjmajumder]

Sir one suggestion (as advice I cannot give since not a SEBI registered advisor) - don't sell anything tomorrow!!
Wait for tomorrow's FED meeting outcome!!

Actually I already mentioned it yesterday. FED meeting is tomorrow and it will have a major impact on Indian markets also.
If they start rate cut from tomorrow then all shares regardless of quality will go up and up only.

Wait till tomorrow!!

And also note that tomorrow is Settlement holiday!!

Thanks for the suggestion. Yes, should not have sold it today. When it hit all time high thought let me exit

 

[sauravkumar]

Look at the chart of tata tech IPO.. It is not able to achieve first day high till now. In fact went down significantly. Be in the Bajaj HFL till the time strength is there and one can plan staggered exit if big position is there like S/BHNI.

View attachment 69156

This is the exact reason.. that's why I have mentioned that many people are gambling in IPOs.

Don't take me wrong and don't take my comments in negative way!!

But the VERY BASIC THING in Stock market is NEVER EVER COMPARE THE COMPANIES FROM 2 DIFFERENT DOMAINS which are completely unrelated!?

The biggest mistake you are doing you are comparing the movement of a TECH company with NBFC. It's absolutely not correct approach.

And you will get only false signals in this way.
Like you have mentioned that BajajHFL will behave like Tata tech and will not break the first day high.

BajajHFL has already broken the first day listing high. Now everything depends on leaks/rumours about FED meeting for tomorrow.

Bro I have already mentioned many times that Valuations are joke in current market situation. Look at Price-Action!!

Note: Again saying nothing personal. I have also expressed my opinion. Just one thing since it will directly or indirectly impact other person so we have to be little careful when giving advice to anyone in Public Forums (since earr not SEBI registered advisors)

 

[sauravkumar]

I exited Bajaj HFL yesterday. Maybe it wasn't the right move but feeling this is beyond euphoria that we are seeing

Never regret for any IPO!!

Think like this - you have made more than 100% profit in just 1 week.!!

And you will learn with time. Everyone is fresher at some time.

We learn in this way only!!

 

[Riya Sharma]

Too many emojis being posted

 

[chadsterpiece]

Too many emojis being posted

My poor eyes

 

[jaisinghal]

Sold all of it. P.E is so much higher than the peers. Might fall very badly.

And the fall begins, might buy again at lower levels, because it's a fundamentally very strong stock

 

[shivamk]

And the fall begins, might buy again at lower levels, because it's a fundamentally very strong stock

2nd half might recover till previous day close