Page 20 - Trade Setup News Today

Based on the OI percentage, 58 stocks, including Mphasis, Indian Energy Exchange, Persistent Systems, Chambal Fertilizers, and Aarti Industries, saw a short build-up.

Based on the OI percentage, 53 stocks including Oracle Financial, India Cements, Indiabulls Housing Finance, Lupin and Deepak Nitrite saw long buildups.

A bounce is expected in the market during the week. For the Nifty, hurdle is at 18,650-18,850, while immediate support is seen at 18,400-18,300, Nagaraj Shetti of HDFC Securities has said

Based on the OI percentage, 51 stocks were on the short-covering list. These included Indian Hotels, Mahanagar Gas, Sun Pharmaceutical Industries, Indus Towers, and Sun TV Network.

An increase in OI along with a price decrease indicates a build-up of short positions. Based on the OI percentage, 63 stocks, including Chambal Fertilizers, IRCTC, Apollo Hospitals Enterprises, Tata Chemicals and Coforge saw a short build-up

Based on the OI percentage, 87 stocks, including Astral, Lupin, Indiabulls Housing Finance, Titan Company and National Aluminimum Company, saw long build-ups.

The short-term outlook remains robust. If the Nifty moves above 18,350, it can rise to 18,600. If the index drops below 18,350, traders should exit long positions, analysts say

Based on the OI percentage, 117 stocks were on the short-covering list. These included Tata Communications, Delta Corp, Power Finance Corporation, ICICI Lombard General Insurance Company, and Atul.

Based on the OI percentage, 71 stocks were on the short-covering list. These included IRCTC, Abbott India, Aarti Industries, Divis Laboratories, and Balrampur Chini Mills.

Based on the OI percentage, 50 stocks, including Alkem Laboratories, Intellect Design Arena, InterGlobe Aviation, L&T Finance Holdings and Balrampur Chini Mills saw long unwinding.