Why is no one buying GoaCarbon shares while many sellers are present? If we talk about previous days when there was no seller but were many buyers.
Becasue Stock has hit Lower Price Band.
what is meant by lower price band??? @Lets_Invest
I Know this but Admin will explain you better. @Bhuvan Explain this to New Traders.
Bhuvan
October 23, 2017, 8:00am
5
Check this post to learn more about price bands.
Price band as the name suggests is a range of prices in which a stock is permitted to trade during the day by exchange. The upper price range is called as upper price band or loosely can be called as cap and lower price range is called as lower price band or floor price.
The basic idea of exchange to create price bands is to have a check on mass buying or selling of scrips and importantly to stop panic selling as history suggests people behave irrationally during certain points of time.
Go th…
thank you for helping new traders like us @Bhuvan @Lets_Invest
1 Like
so u mean no one can sell or buy today ?
Bhuvan
October 23, 2017, 10:17am
8
When a stock hits the maximum circuit limit, trading is halted for the day.
Liya
October 23, 2017, 2:34pm
9
In these situation will an after market order be helpful? Because in the morning AMO is given preference.when the prize slightly go up I hope his stocks could be bought by someone…What is the opinion of the experienced traders of the forum?
Bhuvan
October 23, 2017, 5:03pm
10
Worth a shot but might not always work.
