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  • SAIL and AURO Analysis

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    SAM SMITH
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    SAIL stock trading was banned due to a massive rise in cumulative open interest (COI). While SAIL cannot be traded now, its volume explosion figures over the last 5 days show potential breakout and breakdown price points of 72.45 and 60.75 respectively based on the stock's highest and lowest prices. No clear direction can be determined for AUROPHARMA since there is no COI buildup currently, but breakout and breakdown price points of 966 and 889 may indicate future movement if COI builds in either direction. Both stocks should be monitored for COI accumulation that could signal their price trend.

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    SAIL-and-AURO-analysis

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    SAIL stock trading was banned due to a massive rise in cumulative open interest (COI). While SAIL cannot be traded now, its volume explosion figures over the last 5 days show potential breakout and breakdown price points of 72.45 and 60.75 respectively based on the stock's highest and lowest prices. No clear direction can be determined for AUROPHARMA since there is no COI buildup currently, but breakout and breakdown price points of 966 and 889 may indicate future movement if COI builds in either direction. Both stocks should be monitored for COI accumulation that could signal their price trend.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    46 views2 pages

    SAIL and AURO Analysis

    Uploaded by

    SAM SMITH
    SAIL stock trading was banned due to a massive rise in cumulative open interest (COI). While SAIL cannot be traded now, its volume explosion figures over the last 5 days show potential breakout and breakdown price points of 72.45 and 60.75 respectively based on the stock's highest and lowest prices. No clear direction can be determined for AUROPHARMA since there is no COI buildup currently, but breakout and breakdown price points of 966 and 889 may indicate future movement if COI builds in either direction. Both stocks should be monitored for COI accumulation that could signal their price trend.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    SAIL :

    Massive rise in COI pushed SAIL to fno ban. We cannot trade in this scrip as of now.

    However, we can watch the VolXplosion figures for later date

    Highest high of last 5 days =76.5

    Lowest Lows of last 5 days =64.8

    Range = 11.7 . 50% of this Range = 5.85

    Breakout = 66.6( today’s closing)+5.85 =72.45

    Breakdown = 66.6-5.85 = 60.75

    Reassess COI when this figures are breached


    AUROPHARMA

    No clear view from COI, no buildup

    Same thing seen in tabular data, no buildup as of now. Watch out now for price move in any one
    direction with COI buil-up, move should continue in that direction

    Following the same method as above :

    Breakout = 966

    Breakdown = 889

    So both the stocks are not showing any clear direction as there is no definitive COI buildup. Keep the
    stocks on your radar and wait for COI build-up to tell you the direction

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