F&O Ban: Biocon, GNFC, Ashok Leyland, Aditya Birla Fashion and Retail, RBL Bank, UPL may enter the ban list as these stocks are near the 95 percent MWPL.
F&O Ban: BHEL, Biocon, Aditya Birla Fashion and Retail, Ashok Leyland, UPL, RBL Bank and IRCTC may enter the ban list as these stocks are hovering near the 95 percent MWPL.
Nifty futures on the NSE International Exchange traded 23 points, or 0.11 per cent, higher at 21,603, hinting at a positive start for the domestic market on Thursday.
The Nifty 50 index has now expanded its trading range, with an upper boundary around 21,800 to 22,000, while support is observed in the range of 21,700 to 21,600.
When the stock prices move up and open interest on the counter also moves upward, it is taken as a sign of a long buildup. The signal is considered more reliable if the volume on the counter has also seen an increase.