Share market is full of Bhangar Cap shares. Such Bhangar cap shares are also referred as penny stocks. Operators start rally on such shares from very low level and make it multi bagger in few months and they off load all the stocks and make multiple of monies what they had put earlier.
So, who stucks in such bhangar cap shares? Small investors with capital from 10k to 100k generally.
Such latest Bhangaar cap share is Urja Global. In this share, upper circuit began from 25th October and last till 12th Dec 2017.
Now, all those who entered in the December are stuck with the huge potential loss.
Now, there are still volume is visible. So, chances are that if you put at the earliest, you may get out.
What to do now?
Now, if you want to get out, then you should put your order at the earliest of pre-open. That is at exact 9:00:01 AM.
If you are on Zerodha, then put the sale order at the market price at the sharp 9:00:00, BUT due to a huge volume at that time, it will be placed around 9:00:21, I tried 2-3 times, and it was delayed by the 20 seconds due to highest rush.
So, if someone put a buy order, your order may be processed, and even it is not processed in pre open, it will be available for sale to public and for whole day, there might come some buyer and you may get your money.
Other users can tell their broker to put the sale deal at an exact 9:00:00 AM. And wait for the day.
So, there is nothing different thing to do, repeat it daily until you are out and pray to god.
God is the Gratestest… !!!