On Friday, the BSE Sensex settled at 56,072, up 390 points, while the Nifty50 consistently traded above 200 days exponential moving average and rose 114 points to close at 16,719, taking the total recovery to 10 percent from the 52-week lows.
Based on the open interest future percentage, as many as 107 stocks including Nifty Financial, ABB India, PVR, IndiaMART InterMESH, and Cummins India witnessed a long build-up.
Based on the open interest future percentage, as many as 42 stocks including TCS, Bharti Airtel, Nifty, HCL Technologies, and Rain Industries, witnessed a short build-up.
Based on the open interest future percentage, as many as 79 stocks including Dalmia Bharat, Nifty, Federal Bank, Crompton Greaves Consumer Electricals, and Bank Nifty, witnessed short-covering.
Based on the open interest future percentage, as many as 67 stocks including Bank Nifty, Gujarat Gas, REC, Britannia Industries, and Bosch witnessed long unwinding
Based on the open interest future percentage, a long build-up was seen in 94 stocks including Coromandel International, Nifty Financial, ABB India, United Breweries, and Whirlpool
The Nifty has to close above 16,172 for a sustainable up move. Traders should wait for more signs of strength for a long-side trade, Mazhar Mohammad of Chartviewindia has said
Based on the open interest future percentage, here are the 147 stocks including Sun TV Network, Coromandel International, Vodafone Idea, ONGC, and Mahindra & Mahindra, in which long unwinding was seen.
Based on the open interest future percentage, a long unwinding was seen in 91 stocks including Alembic Pharma, United Breweries, Honeywell Automation, Strides Pharma Science, and Ipca Laboratories
Based on the open interest future percentage, here are the 49 stocks including Nifty Financial, Alembic Pharma, Crompton Greaves Consumer Electricals, Whirlpool, and HPCL, in which long unwinding was seen.
Based on the open interest future percentage, 77 stocks including Alembic Pharma, Ramco Cements, Bosch, AU Small Finance Bank, and Hindustan Copper, witnessed short-covering.
The market closed a percent higher on June 24 and the short-term trend for the Nifty continues to be positive, say experts
Based on the open interest future percentage, a short-covering was seen in 109 stocks including Bank Nifty, Coforge, GNFC, Bandhan Bank, and Alembic Pharmaceuticals
Based on the open interest future percentage, a short build-up was seen in 95 stocks including GMR Infrastructure, GNFC, Chambal Fertilizers, Apollo Tyres, and Vedanta
Equity benchmarks hit a 52-week low on June 17, dragged by auto, FMCG, IT, pharma and oil & gas stocks, as the market closed in the red for a sixth consecutive session
Based on the open interest future percentage, here are the 110 stocks including Petronet LNG, Navin Fluorine International, AU Small Finance Bank, Voltas, and Indus Towers, in which a short build-up was seen.
Based on the open interest future percentage, short-covering was seen in 78 stocks including Deepak Nitrite, Syngene International, Polycab India, Ashok Leyland, and Shriram Transport Finance
Based on the open interest future percentage, short-covering was seen in 65 stocks including RBL Bank, Nippon Life India, Havells India, ICICI Lombard General Insurance Company, and Aurobindo Pharma
Based on the open interest future percentage, long unwinding was seen in 95 stocks including ONGC, Birlasoft, Bajaj Finserv, Whirlpool of India and Hindustan Aeronautics.
The steep fall on June 10 strengthened the bearish sentiment. For the time being, it will be prudent to remain neutral, experts have said.
Based on the open interest future percentage, a long build-up was seen in 30 stocks including TVS Motor Company, JK Cement, Dr Lal PathLabs, Dalmia Bharat, and Bandhan Bank
Based on the open interest future percentage, a short build-up was seen in 93 stocks including Nifty Financial, Dalmia Bharat, Delta Corp, Gujarat Gas, and ACC
As per the pivot charts, the key support level for the Nifty is placed at 16,472, followed by 16,375. If the index moves up, the key resistance levels to watch out for are 16,639 and 16,708.
Based on the open interest future percentage, here are the 82 stocks including JK Cement, Deepak Nitrite, Shree Cements, Dalmia Bharat, and ACC, in which a short build-up was seen.
Based on the open interest future percentage, a long build-up was seen in 72 stocks including Abbott India, Federal Bank, Intellect Design Arena, Polycab India, and United Breweries