Stock Exchanges have revised the price bands of many stocks, effective from Monday, 7th June, from 5% to 10%, 10% to 20% or even 5% to 20%, which is seen a bullish call on few of such stocks.
Hind Copper price band has been revised upward from 10% to 20%.
Jain Irrigation price band has been revised upward from 5% to 10%.
Hikal price band has been revised upward from 5% to 20%.
PNB Housing price band has been revised downward from 10% to 5%.
BoM and NCC seen band unchanged at 20%
Many Sugar stocks have seen band revision upwards, which may be seen a trap for retail investors, in the ST, maybe after seeing a run in the near term.
This data can be used for taking an entry and exit in an individual stock.
This is not a buy or sell recommendation, while stock recommendations are provided exclusively to our paid members in the Member Zone.