The Stock Market thread

[sumanth]

I too got LIC ipo. Anyone applying for Venus pipes ipo?

[blitzkreiig]

Anyone who didn't get LIC?

[Ram Dante]

I didn't, and for once I'm glad I didn't get the IPO. The market is wild right now!

 

[Sid1]

56 minutes ago, sumanth said:

I too got LIC ipo. Anyone applying for Venus pipes ipo?

 

I am planning to apply for Venus Pipes.  Suggestions anyone?

[dante77]

I applied for Venus. Looks good. 

 

But I have never been assigned any IPO. Ever! 

[blitzkreiig]

Guys i'm using Zerodha for equities/MFs....From time to time i keep getting these mails for dividends from companies with info on TDS deductions and forms to be filled 15H (i may be wrong with the number)/ PAN details etc. Do i need to fill these or Zerodha will take care of all these forms. Am i missing out on dividends by not filling these forms?

[KunjanPSD]

1 hour ago, blitzkreiig said:

Guys i'm using Zerodha for equities/MFs....From time to time i keep getting these mails for dividends from companies with info on TDS deductions and forms to be filled 15H (i may be wrong with the number)/ PAN details etc. Do i need to fill these or Zerodha will take care of all these forms. Am i missing out on dividends by not filling these forms?

No need to fill.

[LordSpymaster]

LIC was my 1st IPO application and didn't get it. 

 

Time to buy it in week 1 

[SpearHea:D]

Lic ipo to fuss ho gaya

[KunjanPSD]

Expecting a rise till 16200/400 followed by a pullback to 15500 levels marking the end of this correction.

Just trying some new technical stuff, only an observation yet.

[SuperT]

8 minutes ago, KunjanPSD said:

Expecting a rise till 16200/400 followed by a pullback to 15500 levels marking the end of this correction.

Just trying some new technical stuff, only an observation yet.

Making investments today basis your technical observations... 

[KunjanPSD]

2 minutes ago, SuperT said:

Making investments today basis your technical observations... 

Don't hold me accountable if things go south.

But a bit of confirmation which I can get it is via India VIX. Generally it increases when markets go down but this time it increased with markets going up, over the last couple days which signals to me that market is not sure about this upmove.

Anyway, would appreciate if other people can also chime in.

[SuperT]

12 minutes ago, KunjanPSD said:

Don't hold me accountable if things go south.

But a bit of confirmation which I can get it is via India VIX. Generally it increases when markets go down but this time it increased with markets going up, over the last couple days which signals to me that market is not sure about this upmove.

Anyway, would appreciate if other people can also chime in.

I was only kidding bro... no way am I gambling in this current market scenario, I have just had one single rule this year - accumulate during the big dips...

Edited May 17, 2022 by SuperT

[KunjanPSD]

5 minutes ago, SuperT said:

I was only kidding bro... no way am I gambling in this current market scenario, I have just had one single rule this year - accumulate during the big dips...

For me it is long only above 16800/850 i.e. MF Lumpsum.

Otherwise SIPs continue with any stock specific buys.

[Banz]

Sold most of my LIC shares at around 900, just before it sharply dropped (now 882). Thank's to policyholder discount that's still a meagre profit.

[KunjanPSD]

1 hour ago, KunjanPSD said:

For me it is long only above 16800/850 i.e. MF Lumpsum.

Otherwise SIPs continue with any stock specific buys.

Short pullback to 16050 levels to cool of RSI, probably till tomorrow. Then move upto 16200/400, should be negative divergence on RSI. Then finally bottom to 15500.

[LordSpymaster]

LIC below 900 - is anyone buying more (who didn't get the allotment)? I might pick up some shares, still undecided... 

[KunjanPSD]

16259 hit, RSI divergence in the making. Should start pullback to 15700 or a bit lower.

[LordSpymaster]

4 hours ago, LordSpymaster said:

LIC below 900 - is anyone buying more (who didn't get the allotment)? I might pick up some shares, still undecided... 

Picked up 5, let's see for a few weeks where the price settles.. 

 

[KunjanPSD]

On 5/17/2022 at 12:02 PM, KunjanPSD said:

Short pullback to 16050 levels to cool of RSI, probably till tomorrow. Then move upto 16200/400, should be negative divergence on RSI. Then finally bottom to 15500.

This wave got extended, but reversal still happened at 16400. Expecting a bump tomorrow as well, still looks prime to hit 15500-700 before may expiry.

Small -ve divergence but next bump should increase the slope.