The stock has been trading above its 20 DMA, 50 DMA and 200 DMA.
The stock has been trading above its 20 DMA, 50 DMA and 200 DMA.
The stock has been trading above its 20 DMA, 50 DMA and 200 DMA.
The stock has been trading above its 20 DMA, 50 DMA and 200 DMA.
The stock has ben trading below its 20 DMA, 50 DMA and 200 DMA.
High-frequency trading firms (HTFs) – or algo firms on steroids –use complex algorithms and powerful computers to execute trades at lightning speeds.
Hindustan Copper (115.76 percent), Exide Industries (109.13 percent), India Cements (95.76 percent), Vodafone Idea (95.27 percent), Zee Entertainment (94.38 percent), SAIL (86.40 percent) and Bandhan Bank (80.69 percent) have been put on the ban list for the National Stock Exchange’s futures and options (F&O) trading on April 10.
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.
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Possible Entrants
PEL (92.12 percent), Balrampur Chini Mills (92.04 percent), NALCO (90.46 percent), Tata Chemicals (84.86 percent), GNFC (82.98 percent), Aditya Birla Fashion and Retail (82.13 percent) may enter the ban list as these stocks are hovering near the 95 percent MWPL.
Technicals
- PEL has gained 0.82 percent over the last month. The stock has been trading above its 20 DMA but below its 50 DMA and 200 DMA.
- Balrampur Chini Mills has surged 4.59 percent over the last month. The stock has been trading above its 20 DMA and 50 DMA but below its 200 DMA.
- Nalco has zoomed 15.57 percent over the last month. The stock has been trading above its 20 DMA, 50 DMA and 200 DMA.
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- Tata Chemicals has declined 3.27 percent over the last month. The stock has been trading above its 20 DMA, 50 DMA and 200 DMA.
- GNFC has advanced 12.54 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 gained 7.91 percent over the last month. The stock has been trading above its 20 DMA, 50 DMA and 200 DMA.
Possible Exits
Bandhan Bank (80.69 percent) may exit the ban list as its MWPL has come near 80 percent.
Technicals
- Bandhan Bank has fallen 4.64 percent over the last month. The stock has ben trading below its 20 DMA, 50 DMA and 200 DMA.
