Crankx Short term Picks - Possible Circuit hitters!
- Thread starter crankx
- Start date
Re: What is a circuit
Circuit Filters or Daily Circuit Filters sets the limit to fluctuations of stock prices. Circuit filters are set by stock exchanges to stop any unduly rising or falling of a stock price.
They are numeric percent limits set on individual scripts. National Stock Exchange of India (NSE) define circuit filters in 5 categories including 2%, 5%, 10%, 20% and no circuit filter.
Circuit filters works in either ways. I.e. if circuit set for equity is 10%, stock price cannot move further +10% to lower then -10%.
Circuit filter changes every day and stock keeps moving between one circuit filter categories to other based on previous days closing price. Below is the list of current circuit filters at NSE:
http://www.chittorgarh.com/newportal/stock-nse-circuit-filters.asp
Circuit Filters or Daily Circuit Filters sets the limit to fluctuations of stock prices. Circuit filters are set by stock exchanges to stop any unduly rising or falling of a stock price.
They are numeric percent limits set on individual scripts. National Stock Exchange of India (NSE) define circuit filters in 5 categories including 2%, 5%, 10%, 20% and no circuit filter.
Circuit filters works in either ways. I.e. if circuit set for equity is 10%, stock price cannot move further +10% to lower then -10%.
Circuit filter changes every day and stock keeps moving between one circuit filter categories to other based on previous days closing price. Below is the list of current circuit filters at NSE:
http://www.chittorgarh.com/newportal/stock-nse-circuit-filters.asp
What 'I' do is get a basket of stocks.
Take my high risk part funds ands split equally across the list.
Also keep strict stop losses for any individual scrip to 5%.
If it goes up and locks in circuit .. keep the ride.
If it goes down and shows bearish signs. after circuit get out.
If there is no move after 1 week get out as well.
Hope this helps.
Disclaimer: Your risk level, fund level and anxiety level may vary.
You can suit what to do with the stocks. Watch for a while and then do what 'You' think is the right thing to do !
Cheers!
crankx
Take my high risk part funds ands split equally across the list.
Also keep strict stop losses for any individual scrip to 5%.
If it goes up and locks in circuit .. keep the ride.
If it goes down and shows bearish signs. after circuit get out.
If there is no move after 1 week get out as well.
Hope this helps.
Disclaimer: Your risk level, fund level and anxiety level may vary.
You can suit what to do with the stocks. Watch for a while and then do what 'You' think is the right thing to do !
Cheers!
crankx
