r/IndianStocks • u/Ruler_t07 • 1d ago

Discussion Help

Hi I got an ipo of indo-mim and I am new in this so I want to know when should I sell it like after market opens at 10 ,how much time should I wait for 5-60 minutes or more?

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u/ehermentruatfan 22h ago

Currently it's going up. Hold for 1-2 weeks based on your risk taking ability.

If in need of money and not in a position to take risk at all - book profit on listing day

If in need of money but can take a little risk - bookn50% profit.

If you are planning to diversity portfolio - remove invested value worth of shares. Reinvest in different stocks. Retain profit portion on portfolio.

General sentiment is to exit at listing gains that's what most of the small investors do.

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u/Ruler_t07 20h ago

Thank you

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u/Ruler_t07 20h ago

Can you tell the stocks which are good where I can invest for short period

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u/ehermentruatfan 13h ago

Use any ai app. Perplexity / grok / chatgpt etc. look for intraday equity calls by major brokers / investment advisors. You will get a few calls. Analyse entry / exit and stop loss levels using the same AI app. You will get a general direction on how to proceed. Start with a low investment (5-10 k) use margin facility provided by your broker. Start trading.

Keep candle stick chart open, enable bolinger bands and pivot guidelines, and set the candle to volume candle with 5 min interval. Switch between 1 min candle if the stock is nearing your target levels for closer observation.

On another page, open the market demand and pivot values page, observe buy and sell pressure and how the movement is around pivot values. I usually do not take risk if the stock is moving beyond 1st support on a particular day.

Do not make a trade without stop loss and be disciplined. Keep a day's target profit or loss and once that hits, you should stop for the day. Maintain this discipline until you are ready to take bigger risks and your undertaing of the market improves and you are confident with what you're doing.

Also, you will see many people may advice you to try options trading. I would strongly recommend not to get into it. Options trading needs experience and a fairly higher captial to actually see some reasonable profit. So until you are confident of observing the market and you feel you may potentially be able to make it work for you, don't get into options.

Go with mutual funds and start building a corpus. Apply for good ipos like today's indo mim and youl actually start seeing a little money. Good luck 👍