I was just browsing thru the Bulk Trades entry book from NSE.
Look at this Buy entry done by this broker at price of 118, which was apparently near the day's circuit price level. And he later on sold nearly half of the qty (retaining 1 lakh shares) at a price of arnd 98, loosing 20 Rs per share :annoyed:
1. am i missing something?
2. Why wud he buy this at all?
3. Is he so very dumb that he doesnt know the daily circuit levels?
4. Did he buy on any fundamental reasons? If yes, then why did he sell half at a loss of Rs 20 today itself??
pls feel free to comment