Monday, August 7, 2017

NEW IPOs...

From the last 6 months the frequency of NEW IPOs have increased drastically...also on the listing day the speculation is so high that some of the issues are listed with premiums of 20% minimum....also now the NEW IPOs are getting subscribe by 10....40....some even 100 times....

The party has started and we have entered the Optimistic phase....the flow of money in the stock market by retail investors through mutual funds is very high.....so correction timewise will be short lived and also price wise corrections levels from top will be very less....

the current rally clearly shows that nifty will travel to 10350 to 10450 levels for now in the coming 20 days....

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