Trade setup for Wednesday: Top 15 things to know before the opening bell
Based on the OI percentage, 58 stocks, including Mphasis, Indian Energy Exchange, Persistent Systems, Chambal Fertilizers, and Aarti Industries, saw a short build-up.
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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