Ravi Teja
724 posts


Wipro price difference between June and July future may be due to buyback announced by Wipro.
Usually July Future price is higher than June Future.
And this stock may come in F&O ban list.
Do you have any position in this stock?

Rupesh@Rupesh2202
@OvindSingh_01 @grok I think even earlier I replied that there is a buyback and this stock may come in F&O ban
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@adityaooo20 @ChiNNNTTaNNN @Abrar1993 After buyback date. Do you think june futures shorts will be covered and will bounce due to that.
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@tejravi01 @ChiNNNTTaNNN 15% premium was too much. Isliye entered the trade. Max premium should be 7%
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@Abrar1993 @ipo_agarwal Actually participating in buyback is risky now. Less edge.
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@tejravi01 @ipo_agarwal Check today now!Tomorrow I can easily buy wipro in cash for buyback again and the difference for me now 208.50-203.50 = 5 per share
And total share was 6000
Easy gain of 30000 rs...all confidence because of I'm holding June future in discount... After selling that 6000 shares..
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@adityaooo20 @ChiNNNTTaNNN Why still june long is not in limelight. Very few observed this.
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@ChiNNNTTaNNN Today I was long wipro fut june 180
And short wipro cash 207
I did this daily for May expiry
Short cash and long future to eat up the difference
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@investorniti I always know what comes out there but hope remains 🫠
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Q-Line Biotech SME
ALLOTMENT LINK :
purvashare.com/investor-servi…
Few hours to go!!
All the best. Save link for later.
#IPOAlert
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@adityaooo20 I usually trade less in future segment. I am thinking same but nobody is not concerned about it. I am thinking myself dumb. Is it a easy trade or some back story is there. What is your view.
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JP Power is Adani Group Company
Will it trade now on Adani Group Companies PE ?
Turnaround Candidate from here ?
#JPPOWER
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@Analyst26Guru What do you think of this . And do you have analysis?
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@tarunvermaalpha I had a thought that june futures have arbitrage. 15% discount to current price. Where usually futuresa re trading at premium. Despite having a buyback still the difference is substantial.
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Stock is below 200-day MA, it's in a downtrend as of today. It will take many weeks & months before it absorbs the overhead supply. Currently trading 57% from its ATH. Every time it will move up, the investors who are stuck into the stock they will start selling and it will be hard for the price to move up. So, it needs many months of consolidation to absorb that supply. At the moment, you should be looking at clear up trending price structures. As per my system, I would not be interested in such stocks. Not a buy/sell recommendation

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@tarunvermaalpha Any thoughts on this. Something fishy. Is there any probability of edge by buying june futures bro?


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@BarunKhan99095 @Analyst26Guru Why will futures will hit lc. Actually it may go up.
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@Analyst26Guru So, buying pressure in Cash, because of the greed of buyback, and selling pressure in the future. Post buyback, June and July future can hit lower circuit as well
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Q-Line Biotech SME
Numbers are way better than what you would imagine!! ✅
Now those who sold in grey, will try to come up with their firefighting tools. IYKYK 🤣
But institutional demand is not bound by these petty stuff.. so on listing, if they come, they can make 215 cr look small.
Interesting listing on friday !!
#IPOAlert
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@Impulse_ankkit Chart looks good. Bought some positions. Thank you for cmpdi.
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@Abrar1993 @ipo_agarwal I am thinking the same. Future have more edge than buying buyback. What is your analysis?
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