5 stocks you should avoid buying on Union Budget day


Equity tips:-





In yesterday's trade, markets remained under the selling pressure as risk-averse traders begin to reduce their open positions ahead of Union Budget.
Broader markets underperformed the benchmark index as heavy short positions were created in selected Mid-cap and Small-cap stocks.
Following is the list of stocks that could see a short-term hiccup on account of the creation of fresh short positions in yesterday's trade.
OI Gainers
Underline OI (lakhs) % OI Chg Price % Price Chg Action
HAVELLS 61 52.0 524 (5.7) Short Buildup
M&MFIN 76 17.8 464 (2.3) Short Buildup
ARVIND 67 15.8 414 (3.2) Short Buildup
ESCORTS 30 15.7 817 (2.5) Short Buildup
KAJARIACER 15 13.3 635 (6.2) Short Buildup

Price and Open Interest general rule:
PRICE OPEN INTEREST MARKET OUTLOOK
Decrease Increase Short build up

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Comments

  1. Unknown7 February 2018 at 02:18

    CASH PREMIUM CALL: SELL SUPREMEIND BELOW 1235 TARGETS 1220 / 1200 / 1170 STOPLOSS 1250

    CASH PREMIUM UPDATE: SUPREMEIND CALL #SECOND TARGETS (1200) HAS ACHIEVED BOOK MORE PROFIT


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