One interesting observation that can be witnessed is that the low made on the first day of trade after the 30-day anchor investor's lock-in period may act as strong support for quality stocks. If fundamentals are strong, it's a good time to buy on such ...
Dear Smart Investors, Greetings !! We are a SEBI regd Investment Advisory Services and we do provide Free updates on Website to spread Financial Education. New articles have been published on Indian-Share-Tips.Com. Do check our Best Bank Nifty Option Tip for Intraday which gets you Daily Profit with a small capital of Rs 10,000. You can visit at https://www.indian-share-tips.com/2009/09/best-nifty-future-tips-100-guaranteed.html Speak to Analyst at 09988877963 or send an email at Support@Indian-Share-Tips.Com and You will Listen from us in less than 3 hours. Please Click on Below links given out of this black border box to access latest updates. Regards Indian-Share-Tips.Com 9988877963 | | One interesting observation that can be witnessed is that the low made on the first day of trade after the 30-day anchor investor's lock-in period may act as strong support for quality stocks. If fundamentals are strong, it's a good time to buy on such dips.Let us see wrt LIC stock which has a low after 30 days is 679. So, this can be a good support for long term buying in the stock. The overall structure of the immediate and important support level below upside, the 762 is very weak and will act as immediate support level. Must short below 746 for tgt 740 and lower. | |