Mahanagar Gas (111.27 prcent), Manappuram Finance (102.58 percent) and Zee Entertainment (90.50 percent) have been placed on the National Stock Exchange’s futures and options (F&O) list of stocks banned for trade on March 7.
These stocks are prohibited in the F&O sector because they have exceeded 95 percent of the market-wide position limit (MWPL). The ban is reversed only if the open interest falls below 80 percent.
Possible Entrants
SAIL (92.69 percent), Tata Chemicals (91.17 percent), Hindustan Copper (90.77 percent), Aditya Birla Fashion and Retail (88.64 percent), BHEL (86.44 percent), RBL Bank (85.57 percent), PEL (85.03 percent), Bitcoin (82.72 percent), National Aluminium Company (81.28 percent), Vodafone Idea (80.61 percent) and Balrampur Chini Mills (80.02 percent) may enter the ban list as these stocks are hovering near the 95 percent MWPL.
Technicals
- SAIL has declined 3.24 percent over the last month. The stock has been trading above its 20 DMA, 50 DMA and 200 DMA.
- Tata Chemicals has surged 19.77 percent over the last month. The stock has been trading above its 20 DMA, 50 DMA and 200 DMA.
- Hindustan Copper has plunged 5.09 percent over the last month. The stock has been trading above its 20 DMA, 50 DMA and 200 DMA.
- Aditya Birla Fashion and Retail has plummeted 14.86 percent over the last month. The stock has been trading below its 20 DMA and 50 DMA but above its 200 DMA.
- BHEL has surged 10.15 percent over the last month. The stock has been trading above its 20 DMA, 50 DMA and 200 DMA.
- RBL Bank has fallen 3.4 percent over the last month. The stock has been trading below its 20 DMA and 50 DMA but above its 200 DMA.
- Piramal Enterprises has declined 3.93 percent over the last month. The stock has been trading below its 20 DMA, 50 DMA and 200 DMA.
- Biocon has plunged 5.34 percent over the last month. The stock has been trading below its 20 DMA but above its 50 DMA and 200 DMA.
- National Aluminium Company has gained 1.02 percent over the last month. The stock has been trading above its 20 DMA, 50 DMA and 200 DMA.
- Vodafone Idea has plummeted 5.67 percent over the last month. The stock has been trading below its 20 DMA and 50 DMA but above its 200 DMA.
- Balrampur Chini Mills has slipped 6.83 percent over the last month. The stock has been trading below its 20 DMA, 50 DMA and 200 DMA.
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