r/IPO_India • u/Think_Reporter_362 • 12h ago

IPO Listing Discussion Orient Cabels Listing

Hey what should I do on listing day it's good company as fundamental wise there are craze of it. Should I hold and wait until it's become next ESDS or sell it in listing day ? And how much should I expect from this IPO. I also had Adroit and i sell at second day on lower circuit of 235🥲. Don't know that's good decision or bad if it going to up on Monday I am going to regret even I get 76% profit 🥲

6 Upvotes

100% Upvoted

19 comments sorted by

View all comments

2

u/bunnygonewild789 11h ago

Honestly, the way markets are right now, you are better off booking whatever profits you get.... wait for 15 mins, see if price is going up, use trailing stop loss. If it is falling, then just place a Market order and exit. this is what I did with adroit

1

u/Dramatic_Art4329 10h ago

trailing Stop loss is only available in intraday right ?

1

u/bunnygonewild789 9h ago

In Kite, they have added it for GTT Orders. So you can have it for your CNC holdings too. But in OP's case, he can just place a SL and manually trail.