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A short build-up was seen in 63 stocks, including InterGlobe Aviation, Hindustan Copper, Coforge, Muthoot Finance, and SAIL. An increase in OI along with a fall in price points to a build-up of short positions.
If the Nifty fails to hold above 19,250, it can slip to 19,000 but if it sustains above the 50-day EMA, the index can move close to 19,500-19,600, experts said
A short build-up was seen in 66 stocks, including Apollo Tyres, Max Financial Services, Britannia Industries, Info Edge India, and Laurus Labs. An increase in OI along with a fall in price points to a build-up of short positions.
Based on the OI percentage, 75 stocks, including Alkem Laboratories, PI Industries, Escorts Kubota, MRF and Dixon Technologies saw long unwinding.
Coal India, Trent, Dr Reddy's, ABB India and JK Cement were among the 61 stocks that saw a long build-up