Stock found good buying support at 500 but punters were still able to take below 500. Stock touched 490 Due to exchange issues and mumbai major power outage, Stock should remain mostly sideways today and I will be pleasantly surprised if the stock rises above 502 today.
MY sub broker"'s msg- Initial circuit filter on listing 75%applicable on preopen ,after that 10-10%circuit (upper) , if buyers are pending." Now I am trying to find this circular for more clearly, But this rule has played some part in both listings Bcoz Intraday traders has been caught napped When i was trying to put 290Rs sell call in pre. For MDSL , it was bounced and showing limit of253Rs |??!! On listing day one can put whatever price to buy/sell But today suddenly this rule applied
If anyone can throw some light regarding this subject, Kindly do so
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October 12, 2020 2:01:54 PM
Top Contributor (400+ Posts, 400+ Likes)
Yes Harit you are right, There was a circuit of 253.8 today. I was also trying to put a sell order at 270. To my knowledge we can put buy/sell order at any rate. Not sure what changed
@harit, I was able to put an order to sell on bse of 960 for UTIAMC, and for MAZDOCK i was able to put an order of 109 buy order at 9.30 am . . . but both has been cancelled once preopening finished and price has been fixed around 9.50 am. once opening price fixed in preopening the limit of 20% circuit applies .
Circuit filter applied 5 or 6 yrs ago ( As far as i aware of). . .