Technical Analysis of Indian Equities by Nooresh

M&M Financial Services, Just Dial and L&T Finance Holdings fall 20-30% post inclusion in Derivatives

Some weeks back had mentioned how L&T Finance Holdings inclusion in Derivatives a bit fishy.

 

The three stocks M&M Financial Services, Just Dial and L&T Finance Holdings have dropped 20-30% post inclusion in derivatives.

Did F&O entry provide an exit to smart guys or were they hammered ? Given the rich valuations it seems this was a good way for exit. As of now L&T Finance is under further positions ban i suppose. Another stock Apollo Hospital has gone nowhere post inclusion.

 

M&M Finance

 

M&M Financial Services… The stock has continued to drift continuously post inclusion

 

Just Dial

 

Find Just Dial expensive even at 1250 🙂 … This is an older article on Just Dial

 

 

LnT Finance

 

L&T Finance … It quoted at a 5% discount in futures pre OFS. Do read this article L&T Finance Holdings inclusion in Derivatives a bit fishy.

 

Report and Video of the Webinar – Indian Elections – Do they change Market trends or otherwise ?

What you get – Powerpoint Presentation of the report and the Video of the webinar which was conducted in this Sunday. At a cost of Rs 499 only.

https://www.instamojo.com/noooreshtech/report-and-video-indian-elections-do-they-ch/

All other online reports – https://www.instamojo.com/noooreshtech/

Thanks and Regards,

Nooresh Merani

www.analyseindia.com

Twitter – https://twitter.com/nooreshtech

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Cell – 09819225396

Article by Nooresh Merani

Nooresh has written 2767 articles.

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