Volumes have been steadily building up in this counter and in a matter of days the stock has jumped from 190 -195 levels to a high of 227 in todays trade ,,,,
There has been big build up in open interest in todays trade ( 60 lakh shares :: Increase of 25 % ) ,,,, there seems to be something cooking in this counter as the delivery volumes have been very high since the last few days ,,, yester the delivery volumes were at 60 lakh,,,
I am no technical analyst but I observe daily delivery volumes and open interest change on a daily basis and tthe change in last few days is quite significant ,,, the volumes have been increasing with increasing prices and there is a significant addition in open interest in todays trade ,,,,,
Keep a tab on this one ,,, sharp upmove might be in the offing ,,,, Technical analysts please post ur views ,,,,thnx
There has been big build up in open interest in todays trade ( 60 lakh shares :: Increase of 25 % ) ,,,, there seems to be something cooking in this counter as the delivery volumes have been very high since the last few days ,,, yester the delivery volumes were at 60 lakh,,,
I am no technical analyst but I observe daily delivery volumes and open interest change on a daily basis and tthe change in last few days is quite significant ,,, the volumes have been increasing with increasing prices and there is a significant addition in open interest in todays trade ,,,,,
Keep a tab on this one ,,, sharp upmove might be in the offing ,,,, Technical analysts please post ur views ,,,,thnx