[Technical-Investor] why NTPC is increasing

 

Hi     Since NTPC has come with FPO there are following possibilities which I think. 1. People who had brought at lower levels than FPO price may cell and reapply (risk is they will not get it not sure) 2. People who has purchased at price lower than CMP but more than 200 they will sell and apply. 3. Some who hold it will not sell but apply, who don't have will apply at FPO Is it with speculation that after FPO it is going to cross 206 ? Will it re-list in this case ? or its rising for any other reason Regards

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