According to the data, among individual stocks, Dalmia Bharat, Dixon, and Polycab have significant open interest positions and rollover to the November series, implying strong momentum in these stocks.
Analysts anticipate the market to establish its bottom around the 18600-18650 mark, where the long-term 200-DMA moving average is situated. On the flip side, we see positional resistance at 19300-19400.
At 12:02 pm, the stock had declined by 0.97 percent to Rs 5295.4, performing marginally better than the Nifty Auto index, which had dropped by 1.37 percent.
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