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I have a very logical strategy cum observation for those who like investing in IPOs but not getting allotment

And just watching the price of the IPO going up up and up

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Typically what happens

The #IPOs which are very good are #oversubscribed and we don’t get any allocation
And those IPOs which are not so good then we get the location and then the #IPO get #listed at lower price..

So here is the simple logical observation cum strategy

2/n

Steps

1. Whenever a good company IPO get listed, just observation for next one month.. it should trade above the allocation price by 20-30%

2. Just after one month Anchor investors gets an opportunity to book their profits..

3. Observe the #stock price for next week

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Er_Lovets_impul'sa

@lovetsimpul