Smart chips

After a phase of sideways movement, this stock saw buying in cash market as well as derivative segment in Wednesday’s session. The
indicators have still not given a buy signal. The scrip is likely to gain more weight over the next few sessions due to fresh short covering.

The stock witnessed buying of positions in cash market as well as derivative segment. The indicators are now in buy mode and they are placed in the equilibrium territory. The scrip is likely to gain more weight due to fresh buying in cash market as well as derivative segment before it witnesses any correction.

The counter saw traders square off sold positions after a phase of correction and under performance in Wednesday’s session. The indicators have once again turned upward from the oversold territory. The scrip is likely to gain more weight over the next few sessions due to fresh short covering.

After a phase of correction, the counter saw traders square off sold positions in Wednesday’s trading session. The indicators have turned upward once again in the equilibrium territory. The scrip is likely to gain more weight over the next few trading sessions.