5 stocks with long buildup: AU SFB, Marico, TVS Motor may surge up to 22%

Aditya Birla Fashion, AU Small Finance Bank, Metropolis, Marico and TVS Motor have seen steady rise in stock price, backed by rise in open interest, thus indicating long buildup at these counters in t

Equity market has witnessed wild swings in the last four trading sessions post the Lok Sabha election. The benchmark indices, the Sensex and the Nifty, tumbled over 8 per cent after scaling record highs at the start of the week, but soon managed to recoup most of their losses.

However, select stocks in F&O (futures & options) space, have managed to withstand this volatility, and log consistent gains alongside a rise in open interest (read positions) - thus implying long buildup at these counters.

Here's a trading guide based on the technical charts on 5 stocks with long buildup in