Off market deal in NDTV

#11
Do circuits lower or upper play a role, how can share be allowed to exceed a circuit zone from one day to another. Does it also mean if a share is 5% LC on one day it can open 20% down the next day and the circuit of 5% start from 20% down only.
Circuit fundas work like this,
If a stock is in circuit and has a circuit of say 5% then it can move only in that zone that is (+) or (-)5% not more than that and locked at that price. But circuits are revised/reduced from time to time accordingly from 5% to 10% or 10% to 20%
Or reduced from 20 to 10 or 10 to 5%

And for ur Q it is not allowed to exceed its circuit zone..

and it is possible that a stock may be locked in upper circuit on one day and lower on another but in the same range*

*Unless and until it is revised/reduced

Hope its CRYSTAL CLEAR.

-SAMY4U
 

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