- As per available info, out of approx 52 lakh pledged shares of ARSS INFRA, IFCI had sold approx 27 lakh shares till 22/6/2012
- Average daily sale by IFCI on days that they sold was about 4 lakh shares a day combined BSE and NSE.
- But today ie 25/6/2012, IFCI offloaded approx 16 lakh shares!!!
- Going by this, they could complete their sale in one more trading day or two max.
- Today, a large number of bulk deals/positions were evident on the Scrip SEE THIS
- Short point is, expect a succession of upper circuits on the Stock starting tomorrow which could be used by risk-taking traders to make some money in the short run. The readers of this Blog may kindly note this short term albeit risky money-making opportunity.
- This is also for the attention of those who had asked for an outlook on the Stock in the Comments append to an earlier Post.
- All the best, guys.
THE BLOG FOR INDIAN STOCK & MUTUAL FUND INVESTORS: OPINIONS, VIEWPOINTS, STOCKS ANALYSIS STOCK QUERIES, HONEST ANSWERS et al. (KINDLY USE THE COMMENTS SPACE FREELY TO STATE YOUR STOCK QUERIES WHICH SHALL BE ANSWERED HONESTLY & PROMPTLY) DISCLAIMER: The contents of this blog are in the nature of opinions and are not to be construed as 'financial advice'.Always use your personal judgement and/or consult your qualified Financial Advisor before taking investment decisions.
Monday, June 25, 2012
ARSS INFRA; TRADING ALERT
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