The positional trend for the metal Index has been bullish
The average daily swing for the NSE Nifty 50 index was 1.45 per cent, the highest in the last 10 months.
The stock price of Marico has broken out from the flag pattern on the daily chart
The derivative analyst from HDFC Securities recommends buying Buy LICHSG FINANCE FEB 410 CALL and simultaneously selling 430 CALL
The derivative analyst from HDFC Securities recommends buying January 38,000 Call and selling 38,500 Call of the Bank Nifty based on the following four rationales.
Markets regulator Sebi on Monday directed stock exchanges not to launch new derivative contracts in wheat, crude palm oil, moong and few other commodities till further orders. The latest directive will come into force with immediate effect, according to a release. Launch of new contracts for the paddy (non-basmati), wheat, soya bean and its derivatives (its complex), crude palm oil and moong have been barred till further orders by the regulator. The list includes chana, and mustard seeds and its derivatives (its complex). The derivative contracts in these commodities were suspended earlier this year, the release said. In respect of running contracts, no new position will be allowed to be taken and only squaring up of position will be allowed. The directions will be applicable for a period of one year, it added.
The stock price of Infosys has broken out from the downward sloping trendline on daily chart
Capital goods as a sector looking good on the chart
The derivative analyst from HDFC Securities recommends this strategy based on the following four rationales
The derivative analyst from HDFC Securities recomends this strategy based on the following five rationales.
In the current week, the stock of DLF broke out from the crucial resistance of 350 and saw added significant gains after that
The stock price of Alkem Laboratories has broken out on the daily chart
Pidilite Sept futures have seen long build up, the open interest has increased by 18 per cent with 5 per cent rise in price.
Sebi on Tuesday tweaked the client level position limits for trading in cross-currency futures and options contracts. Position limit refers to the highest number of options or futures contracts an investor is allowed to hold on one underlying security. Based on feedback received from stock exchanges and clearing corporations and upon a review of the same, it has been decided to revise the client level position limits, per stock exchange, Sebi said in a circular. Gross open positions of the client across all contracts in the respective currency pairs will not exceed the limits set up by the regulator. For USD-INR, Sebi said that gross open position across all contracts will not exceed 6 per cent of the total open interest or USD 20 million, whichever is higher. Earlier, this was USD 10 million. In EUR-INR case, the gross open position across all contracts will not exceed 6 per cent of the total open interest or 10 million euros, whichever is higher. The limit was earlier fixed at 5
The stock price of Colgate has broken out on the daily chart where it closes at all time high levels
The stock price has broken out on the daily chart where it has closed at highest levels since May 06, 2021 with higher volumes
Stock price has broken out on the daily line chart with higher volumes
Jubilant FoodWork's stock price is forming bullish higher top, higher bottom formation on the weekly and monthly charts
The short term trend is positive where the stock is trading above its 5-, 20- and 50-day EMA
The short-term trend of the stock turned positive as stock price closed above its 5-day EMA, first time after 07-April 2021