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Nandish Shah is a technical research analyst at HDFC Securities. He has 15 years of experience in financial markets.
Nandish Shah is a technical research analyst at HDFC Securities. He has 15 years of experience in financial markets.
Short covering is seen in the CONCOR Futures, where we have seen a fall in OI with price rising by 1 per cent
Bank Nifty has broken out on the daily chart to close at all time high level.
IndiGo stock price has broken out from the downward sloping trendline on the daily chart
Nifty F&O cues: Short term trend of the Nifty remains weak as it is placed above its 11 and 20 day EMA.
Profit booking is seen in the Bank Nifty Futures where Open interest fell by 1 per cent along with a fall of 0.61 per cent
Long build up is seen in the Nifty Futures, where Open interest rose by 2 per cent along with price rise of 0.20 per cent
We saw the first sign long buildup on Thursday. This is indicated by an increase in Open Interest (OI) by 1 per cent, with a 0.3 per cent rise in the price
FIIs long to short ratio in the Index Futures stands at an oversold level, suggesting a higher possibility of a short covering, HDFC Securities' Nandish Shah said
Long build up is seen in the Midcap Nifty Futures where Open interest rose by 6 per cent along with a price rise of 0.60 per cent
Here is a Bear spread strategy for CDSL stock for Sept expiry, by Nandish Shah of HDFC Securities. Know entry price, breakeven, max profit, margin required, and technical outlook on CDSL stock
Short term trend is positive as it is placed above its 5, 11 and 20 day EMA Stock price has broken out on the weekly chart with higher volumes
BULL SPREAD Strategy on NIFTY: Long build up is seen in the Nifty Futures during the week, where Open interest rose by 2.5 per cent along with price rise of 1 per cent
Long build up is seen in the Bank Nifty Futures where Open interest has risen by 2 per cent along with price rise of 0.10 per cent
F&O stocks: For Apollo Hospitals, the short-term trend is positive as it is placed above its 5, 11 and 20-day EMA.
F&O stocks: ICICI General Insurance stock has seen a short build-up and has broken down on the daily chart with higher volumes
F&O strategy: Short-term trend of the Hindustan Aeronautics turned weak, while it is positive for LIC Housing Finance
F&O strategy: Primary trend of the Bank Nifty remains positive as it is placed above its 50 and 100 day EMA
Analyst at HDFC Securities have recommended a 'Bear Spread' Strategy on the Nifty MidCap index as it has broken out from the downward sloping trendline on the weekly charts
Derivative strategy: How trade Bank Nifty and PFC today? Nandish Shah of HDFC Securities explains
Long build up was seen in Eicher Motors Futures on Thursday, where the open interest rose by 2 per cent while the share price gained 1.86 per cent