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Business / Tue, 07 May 2024 Moneycontrol

F&O Watch for May 7: SAIL enters the F&O ban list

The stock has been trading above its 20 DMA, 50 DMA and 200 DMA. The stock has been trading below 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 below its 20 DMA, 50 DMA and 200 DMA. The stock has been trading below its 20 DMA, 50 DMA and 200 DMA.

Automotive Stampings and Assemblies: The company has recorded 126 percent on-year growth in net profit at Rs 7.6 crore for the quarter ended March FY24. Revenue from operations during the quarter increased by 10.6 percent to Rs 232.5 crore compared to the fourth quarter of the financial year 2023.

Balrampur Chini Mills (103.62 percent), SAIL (99.62 percent), GMR Airports Infra (98.01 percent), Vodafone Idea (93.91 percent), Aditya Birla Fashion and Retail (87.32 percent) and Biocon (85.46 percent) have been placed on the National Stock Exchange’s futures and options (F&O) ban for trade on May 7.

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.

Technicals

Balrampur Chini Mills has gained 0.13 percent over the last month. The stock has been trading above its 20 Daily Moving Average and 50 DMA but below its 200 DMA.

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SAIL has surged 10.8 percent over the last month. The stock has been trading above its 20 DMA, 50 DMA and 200 DMA.

GMR Airports Infra has declined 2.63 percent over the last month. The stock has been trading below its 20 DMA, 50 DMA and 200 DMA.

Vodafone Idea has fallen 2.66 percent over the last month. The stock has been trading below its 20 DMA and 50 DMA but above its 200 DMA.

Aditya Birla Fashion and Retail has jumped 4.82 percent over the last month. The stock has been trading above its 20 DMA, 50 DMA and 200 DMA.

Biocon has advanced 9.64 percent over the last month. The stock has been trading above its 20 DMA, 50 DMA and 200 DMA.

Possible Entrants

Zee Entertainment (94.92 percent), PNB (92.91 percent), Hindustan Copper (88.02 percent), LIC Housing Finance (86.82 percent), Canara Bank (85.93 percent), Coforge (85.31 percent), India Cements (85.07 percent), PEL (82.48 percent), Birlasoft (82.14 percent) and IDFC First Bank (81.08 percent) may enter the ban list as these stocks are hovering near the 95 percent MWPL.Technicals

Zee Entertainment has fallen 8.95 percent over the last month. The stock has been trading below its 20 DMA, 50 DMA and 200 DMA.

PNB has declined 4.36 percent over the last month. The stock has been trading below its 20 DMA, 50 DMA and 200 DMA.

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Hindustan Copper has rallied 13.93 percent over the last month. The stock has been trading above its 20 DMA, 50 DMA and 200 DMA.

LIC Housing Finance has slumped 2.26 percent over the last month. The stock has been trading below its 20 DMA and 50 DMA but above its 200 DMA.

Canara Bank has declined 3.34 percent over the last month. The stock has been trading below its 20 DMA but above its 50 DMA and 200 DMA.

Coforge has plunged 22.41 percent over the last month. The stock has been trading below its 20 DMA, 50 DMA and 200 DMA.

India Cements has fallen 6.13 percent over the last month. The stock has been trading below its 20 DMA, 50 DMA and 200 DMA.

PEL has rallied 10.19 percent over the last month. The stock has been trading above its 20 DMA and 50 DMA but below its 200 DMA.

Birlasoft has declined 15.71 percent over the last month. The stock has been trading below its 20 DMA, 50 DMA and 200 DMA.

IDFC First Bank has fallen 2.85 percent over the last month. The stock has been trading below its 20 DMA, 50 DMA and 200 DMA.

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