The Pre-Open Session
The price discovered between 9:00 AM and 9:45 AM sets the tone. If the discovery price is much lower than the GMP, it indicates weak institutional interest.
Stop-Loss Management
Always keep a trailing stop-loss. A common strategy is to keep the stop-loss at the IPO issue price to ensure you at least protect your capital.
When to Hold Long Term
If the company is in a sunrise sector (like EV or AI) and the quarterly growth exceeds 20%, it might be worth holding despite the initial listing gains.