Day Trading Stocks & Futures

The floor price is Rs 357=50 which is lower than current market price.If there is enough demand for the shares by institutional investors at a price above the current market price, that will show that institutions are bullish on the stock in which case the market price will go up slightly. But I dont expect any downmove in the counter due to this offer to sale.

Smart_trade
 

sanju005ind

Investor, Option Writer
The floor price is Rs 357=50 which is lower than current market price.If there is enough demand for the shares by institutional investors at a price above the current market price, that will show that institutions are bullish on the stock in which case the market price will go up slightly. But I dont expect any downmove in the counter due to this offer to sale.

Smart_trade
What St da has said is true..Take a look at the TA Cart fomMA and ADX perspective. We will get it once it shows its hand.not emotional heart.
 

vivektrader

In persuit of financial independence.
The floor price is Rs 357=50 which is lower than current market price.If there is enough demand for the shares by institutional investors at a price above the current market price, that will show that institutions are bullish on the stock in which case the market price will go up slightly. But I dont expect any downmove in the counter due to this offer to sale.

Smart_trade
Is this different from the one that happened in case of Kotak bank, that stake sale was also from Mauritius?

Vivek
 

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