Table of Contents
When should I sell my upper circuit stock?
In case of upper circuit, you can sell your shares. But don’t Short sell because if you short sell than due to upper circuit you can not buy. In such case you have to pay penalty. In case of Upper Circuit you can not buy share.
Is it good to sell share at upper circuit?
A stock which has hit the upper circuit cannot move any further higher on that day, but the stock can move lower in case there is fresh supply at a lower level than the circuit filter price.
What happens if I sell a stock for intraday but it hits the upper circuit?
If you have an open sell intraday position & stock hits upper circuit. If a stock hits upper circuit price, you will have only buyers and no sellers. So you will not be able to buy back the stock sold for intraday. So this intraday trade will end up converting to a delivery trade.
What happens if I buy a stock for intraday but it hits the upper circuit?
How do you sell shares if there are no buyers?
In the options market, an option with essentially no value can be traded at what is called the “cabinet price” of $1. If you are long worthless options and need to close your trade for a reason (as opposed to letting the option expire worthless) you can sell them typically to a market maker for $1.
As on 04 Fri Dec 2020 Alok Industries ALOKINDS is trading at 22.30 and its nearest share price targets are 21.68 and 22.48. Click here for weekly, monthly, and yearly price targets Share price targets above are based on chart movements and levels where stock showed a significant price action.
Are these share price targets working as support & resistance levels?
These share price targets are working as support & resistance levels as well. If the price of Alok Industries is trading below 20.78 then possibility of downside targets getting achieved is higher. If the price of Alok Industries is trading above 20.78 then possibility of upside targets getting achieved is higher.
How did alkalokinds perform in the quarterly session?
ALOKINDS is trading in the lower range of the quarterly prices. The session was a bearish session and prices moved within a range of 24.80 and 25.80, with a volume of -35.75\% compared to average volume that Alok Industries normally has.