We have seen Long build up in the Tata Chem Futures' yesterday where we have seen a rise in Open Interest with the price rising by 1.6 per cent.
Stock price has broken out on the daily chart by closing above the resistance level of 224 with higher volumes
Derivative strategy by Nandish Shah, Senior Technical & Derivative Analyst, HDFC Securities.
The stock price has already given breakout on the daily chart by closing above the resistance level of Rs 737 on last Monday with higher volumes
Stock price has broken out on the daily chart by closing above the resistance level of 1,520 with higher volumes
Primary trend of the stock is bullish where stock price is trading above its 20, 50 and 200 day SMA.
Derivative call by Nandish Shah, Technical Analyst, HDFC securities
Derivative call by Nandish Shah, Technical Analyst, HDFC securities
The stock price has broken down from the upward sloping trendline
Short covering is seen in the ITC Futures' during the November series till now, where we have seen fall in Open Interest with price rising by 3%.
Derivative call by Nandish Shah, Technical Analyst, HDFC securities
Derivative call by Nandish Shah, Technical Analyst, HDFC securities.
Derivative call by Nandish Shah, Senior Technical & Derivative Analyst, HDFC securities
Derivative call by Nandish Shah, Senior Technical & Derivative Analyst, HDFC Securities
Views on derivative call by Nandish Shah, Senior Technical & Derivative Analyst, HDFC securities.
Views on derivative call by Nandish Shah, Senior Technical & Derivative Analyst, HDFC securities.
Views on derivative call by Nandish Shah, Senior Technical & Derivative Analyst, HDFC securities.
Derivative strategy by Nandish Shah, Senior Technical & Derivative Analyst, HDFC Securities.
Views on derivative call by Nandish Shah, Senior Technical & Derivative Analyst, HDFC securities.
The purpose of the derivatives market is to build such structured products that can help hedge the underlying portfolio systematically