ONGC, Ambuja Cements among 5 stocks with long buildup
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Trend Tracker
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 Thursday's trading session, five stocks experienced a buildup of fresh long positions. Here's the list:
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ONGC
OI change on July 11: 4.77%
Change in stock price: 2.09%
Change in stock price: 2.09%
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Ambuja Cement
OI change on July 11: 2.29%
Change in stock price: 2.14%
Change in stock price: 2.14%
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IOC
OI change on July 11: 0.71%
Change in stock price: 1.71%
Change in stock price: 1.71%
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Hindpetro
OI change on July 11: 0.64%
Change in stock price: 3.31%
Change in stock price: 3.31%
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Polycab
OI change on July 11: 0.54%
Change in stock price: 2.04%
Change in stock price: 2.04%