Strategy for Trading the Adani Power IPO | Indian Stocks to Make You a Millionaire

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Strategy for Trading the Adani Power IPO

Posted By On 6:24 PM Under

Adani Power IPO is going to be listed at BSE and NSE on 20 Aug and its price has been fixed @ Rs 100.

As a strategy for all those who have got an IPO allotment; they should exit from this stock with profit as the stock can fall below the listing price due to prevailing negative trend in the market and all projects of Adani Power are going to be operational wef year 2011.

However if the stock manages to stay above the Rs 100 price tag than one can keep the low of the day as a stop loss and can enter the stock and make money.
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