The short term trend turned positive for NMDC as it has closed above its 5 and 20-day SMA
Short term trend has turned negative as Bank Nifty has closed below its 5 and 20-day SMA
Long build up was seen in the Tata Motor Futures' on Thursday where we have seen 67% (Prov) rise in the Open Interest with price moving up by 2.9%.
The stock price has broken down on the daily chart to close at the lowest level since May 2016 with higher volumes.
Stock Price has broken down on the daily chart to close at the lowest level since June 2018 with higher volumes.
The long build-up is seen in the Biocon Futures' on Thursday where we have seen a rise in the Open Interest with price moving up by 3 per cent
The stock price has given breakout on the daily chart by trading above the downward sloping trendline resistance.
Long build-up has been seen in the Infy Futures' accompanied by the rise in Open Interest with price rising by 1.8 per cent
The NSE was the top destination globally in terms of the number of derivatives contracts traded
Stock price has broken out on the daily chart by closing above the resistance level of 181.5 to close at all time high with higher volumes
We have seen Long build up in the Tata Chem Futures' yesterday where we have seen a rise in Open Interest with the price rising by 1.6 per cent.
Stock price has broken out on the daily chart by closing above the resistance level of 224 with higher volumes
Derivative strategy by Nandish Shah, Senior Technical & Derivative Analyst, HDFC Securities.
The stock price has already given breakout on the daily chart by closing above the resistance level of Rs 737 on last Monday with higher volumes
Stock price has broken out on the daily chart by closing above the resistance level of 1,520 with higher volumes
Primary trend of the stock is bullish where stock price is trading above its 20, 50 and 200 day SMA.
Derivative call by Nandish Shah, Technical Analyst, HDFC securities
Derivative call by Nandish Shah, Technical Analyst, HDFC securities
The stock price has broken down from the upward sloping trendline
Short covering is seen in the ITC Futures' during the November series till now, where we have seen fall in Open Interest with price rising by 3%.