In Monday s trading session, the following five stocks witnessed a build of fresh short positions. Let us first understand how this conclusion is reached whether the stock has seen a buildup of fresh short position or not.
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.
Amid the negative trend, ETMarkets highlighted six stocks within the BSE 100 index that consistently rose in price throughout the last 5 trading sessions.