AGGRESSIVE NEW LONG, LONG COVER, AGGRESSIVE NEW SHORT AND SHORT COVER.
Stocks are chosen based on action in stock Futures. Aggressive word represents that the volume traded was more than its average traded volume. New long or New short means that the ‘Open Interest’ for going long or short has increased with increase in price of the stock futures. Short cover or long cover means that the open interest has reduced with increase or decrease in price of stock futures respectively. Short cover also means people who were short (Bearish) on a stock are booking out of short positions taken in the stock.
|Aggressive New long||Aggressive Long cover|
|Federal Bank||NIIT Tech|
|Aggressive New short||Aggressive Short Cover|
|Kotak Mahindra Bank||Canara Bank|
|Tata Motors DVR||PNB|
|DCB Bank||TVS Motors|
|Petronet LNG||JP Associate|
Please use technical charts to enter and exit the scripts.
I am Vinoth Kanna, Admin, Gale.in. I am into investing and trading for last 7 years. I love sharing my knowledge and to educate people. I write articles regarding stock market to enlighten people about stock market and also share stock ideas at Gale.in to ensure retail investors of decent profits. You can contact me at firstname.lastname@example.org for stock queries. Have a wonderful time at Gale.in.