New Delhi, Feb. 15 -- The banking stock, in the last 7 months has declined from the highs of 1340 levels as observed on July 12, 2024 to a low of 933 levels as observed on January 27, 2025. It has bounced up in the last 2 weeks to start sustaining above its 8-day EMA

- The recent up-move has been on the back of higher than average traded volumes and delivery volumes. The average traded volumes since the up-move stands at 9.7 million shares as against 8.7 million shares when the stock declined. Similarly, the average delivery volumes for the respective period stands at 6.5 million and 5.9 million shares.

- The series has started with a cumulative future open interest of 111.3 million shares as against last 3-series average of 69.1 millio...