Thread by @AdityaS14

With so many #IPO ‘s lined up in the coming months..here’s my take ..

On whether..
You should apply for a IPO and 🤞🏼
OR
Wait for it to list and then decide..
1/n

#StockMarket
#nifty50
@ipo_mantra

1) Trader mindset - Allotment in retail is like lottery. With ever growing no. of demats the over subscription rate just seems to be going up everytime! Why block 15K for a week and pray for allotment and then #listinggains(if any) when u can use TA make decent profits trading?

2) Investor mindset - #IPO ‘s give very good #opportunity for really good returns in medium to long term. So why miss it?

So I am going to wait for them to list. Do my research, combine TA with #FUNdamentals and choose a good entry point after the listing.

Eg.- Applied In #MZGN #IPO from 4 a/c’s. didn’t get allotment.

Added it to my #portfolio at 170 levels and holding it steady since then. 🤲🏻

#Profits are profits. No matter how u make them!!

Let the euphoria ride out.

#Price will change. #FUNdamentals will remain same.

Use TA to choose a good entry point and hold..with conviction!

We all know.. allocation matters! A lot.

Even if u are lucky enough to get 1 lot ..how much is the max u can make?
I am talking about #WealthCreation here!

Decent #wealth is only created with proper allocation & holding it tight over a longer period of time.

#StockMarket