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RAMSSOL this month should be able to break new high as fund house is coming in.
Its common for funds to enter a "shopping mode" in December. Here's why:
1) Portfolio Rebalancing:
Fund managers often rebalance their portfolios at the end of the year, shifting into undervalued or high-potential stocks to align with their annual strategy.
2) Window Dressing:
Fund managers may add well-performing or undervalued stocks to their portfolios to enhance their year-end reports and attract future investors.
3) Year-End Bargains:
December is typically a quieter trading period, leading to reduced liquidity. This can create opportunities for funds to acquire stocks at favorable prices before year-end rallies.
If funds view RAMSSOL as undervalued based on its fundamentals and technicals, December could see a rise in its trading activity.