hi, cn someone pls explain the price band of a stock is calculated on previous day close price ? or is it today opening price (in case its gap dwn or gapup)
eg. in todays hatsun, nse site showing price band as 20 n lwr band is 623 n upper is 935 n yestrday close is 1040 … if we deduct 20% frm yestrday closing price it comes to be 832 thn why is it 623 ?
also today it went down by more than 20% …ws trading at 824 fr quite sometime thn why it dint hit lwr circuit ?
if lwr band is 623 acc to nse site thn how is it calculated … if calculated on todays opening price too it comes 707 nt 623 …pls clarify !!