HUL, Dabur among 5 stocks with long buildup
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What is long buildup?
A long buildup occurs when there is an increase in open interest and trading volumes alongside a rise in the price of the underlying stock in the Futures and Options segment, indicating a bullish trend in the market. In Tuesday's trading session, five stocks experienced a buildup of fresh long positions. Here's the list:
2/6
Hindpetro
OI change on May 7: 2.96%Change in stock price: 2.11%
3/6
Colgate-Palmolive
OI change on May 7: 2.8%Change in stock price: 3.01%
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4/6
Zee Entertainment Enterprises
OI change on May 7: 0.96%
Change in stock price: 3.36%
Change in stock price: 3.36%
5/6
Dabur
OI change on May 7: 0.46%
Change in stock price: 4.87%
Change in stock price: 4.87%
6/6
HUL
OI change on May 7: 0.24%
Change in stock price: 3.76%
Change in stock price: 3.76%