Hello Readers, Few Stocks have a habit to go into the F&O Ban list and few go into F&O Ban based on some kind of news. And Once, they are on the ban list, Rest assured your money will definitely be stuck and a loss is kind of certain with time decay in place.
To avoid any such mishap, We have identified early birds which has the potential to go into F&O Ban List.
We are listing out the potential 5 Stocks which are either in the F&O Ban list or can go into the Future and Options Ban list as of 11th April 2023.
Delta corp
The first we have on the list is Deltacorp. Its current Market Wise Positions Limits or MWPL have crossed 95% and reached 118%. So It has been put on the F&O Ban List by the exchange.
Currently, Deltacorp is trading at 189 rupees and is down by 3 percent as of today the 11th of April 2023 when the market got closed. It has opened at around 195 rupees and since then It faced continuous selling pressure and provisionally closed at 189 rupees. If It further slides then Its 10-day Exponential Moving Average is placed at 188.66 for immediate support.
India Bulls Housing Finance(IBULHSGFIN)
The second one on the list which can go into F&O Ban List is India Bulls Housing Finance. Its current Market Wise Positions Limits or MWPL have crossed 83.85% and It has increased from earlier 81.63%. This Stock has a habit of going into Future and Options Ban List. So please have a close eye on this.
Currently, IBULHSGFIN is trading at 103.5 rupees and is up by 1.97 percent as of today the 11th of April 2023 when the market got closed. It opened at around 102.35 rupees and since then It faced continuous buying in dips and provisionally closed at 103.5 rupees. It is currently trading above its 5-day Exponential Moving Average and is placed at 101.19 for immediate support. Till the time It is above that Market sentiment is kind of bullish.
Balrampur Chini(BALRAMCHIN)
The Third one on the list which can go into F&O Ban List is Balrampur Chini. Its Market Wide position Limits or MWPL have crossed 77.58% and It is very close to getting into F&O Ban List. This Stock has a history of going into the Future and Options Ban List based on any small news. So please have a close eye on this.
Currently, BALRAMCHIN is trading at 415.30 rupees and is up by 0.58 percent as of today the 11th of April 2023 when the market got closed. It opened gap up at around 416.10 rupees and since then It was in continuously sideways and provisionally closed at 415.30 rupees. It is currently trading above its 5-day Exponential Moving Average which is placed at 408.12 for immediate support. Till the time It is above that Market sentiment is kind of bullish.
On a daily time frame, Balrampur Chini is in a consolidation phase with slightly bullish momentum at moment.
Bharat Heavy Electronics Limited(BHEL)
The Fourth one on the list which can go into F&O Ban List is Bharat Heavy Electronics Limited. It’s Market Wide position Limits or MWPL have crossed 71.14% and any good news and It can get into F&O Ban List.
Currently, BHEL is trading at 71.95 rupees and is up by 0.91 percent as of today the 11th of April 2023 when the market got closed. It opened flat at around 71.30 rupees and showed upside momentum for some time and then became sideways and provisionally closed at 71.95 rupees. It is currently trading above its 5-day Exponential Moving Average which is placed at 70.95 for immediate support. Till the time It is above that Market sentiment is kind of bullish.
On a daily time frame, BHEL is in a downtrend from Its December 2022 high of around 90.46 rupees.
MANAPPURAM Finance(MANAPPURAM)
The fifth one on the list which can go into F&O Ban List is Manappuram Finance. Its Market Wide position Limits or MWPL have crossed 69.25% up from 62.6% and any news and It can get into F&O Ban List.
Currently, MANAPPURAM is trading at 128.7 rupees and is up by 0.43 percent as of today the 11th of April 2023 when the market got closed. It opened flat at around 128.15 rupees and showed upside momentum for some time and then showed big down move and then sideways and provisionally closed at 128.70 rupees. It is currently trading above its 5-day Exponential Moving Average which is placed at 126.61 for immediate support. Till the time It is above that Market sentiment is kind of bullish.
On a daily time frame, MANAPPURAM is in a downtrend from Its November 2022 high of around 220 rupees. But In the Short Term, It’s Bullish.
