Nifty Range 26000 to 25910 either side breakout will give the direction
Downside 25850 25780 are supports
Upside 26110 is resistance
Downside 25850 25780 are supports
Upside 26110 is resistance
π2
Nifty Range is 25020, first resistance for today if taken out then 25072 and 25110 then 25160
Support 25880 zone
Support 25880 zone
π€6π5π4π’2π1
Simple and neat setup, with SL around 136 in weekly , 40 to 50 % returns holding period 1 year.
OrKla Is not an IPO itβs purely OFS so avoiding it for now
π4π1
Sources to CNBC-TV18;
#Lenskart Solutions IPO anchor book receives bids worth βΉ68,000 Crore
ππ»At 68,000 Cr, bids nearly 10 times the issue size, 20 times the anchor book size
ππ»FIIs accounting for 52% of the book
ππ»BlackRock, GIC, Fidelity, Nomura & Capital International are the FIIs who have participated
ππ»SBI, ICICI Pru, HDFC, Kotak & Birla MFs are the domestic investors
ππ»Anchor book,attracted bids from over 70 investors.
What a master stroke ππ
Now GMP will go up and retailers will come in π€π€π
*Good retail category is only 10%*
#Lenskart Solutions IPO anchor book receives bids worth βΉ68,000 Crore
ππ»At 68,000 Cr, bids nearly 10 times the issue size, 20 times the anchor book size
ππ»FIIs accounting for 52% of the book
ππ»BlackRock, GIC, Fidelity, Nomura & Capital International are the FIIs who have participated
ππ»SBI, ICICI Pru, HDFC, Kotak & Birla MFs are the domestic investors
ππ»Anchor book,attracted bids from over 70 investors.
What a master stroke ππ
Now GMP will go up and retailers will come in π€π€π
*Good retail category is only 10%*
β€2
We will wait till last day and apply for listing gains only if data is favourable
π3
Market Decoder
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Updated Nifty chart , thats a crystal clear Support
As mentioned last week 25650 will be the support just π―π― the level and bounced
β€4π1π1
Nifty sideways to mild bullishness can be seen.
Supports :25690, 25650 and 25600
Resistance: 25790 and 25840
Supports :25690, 25650 and 25600
Resistance: 25790 and 25840
π5β€1