DSIJ Mindshare

SRF Limited has announced that it has entered into a definitive agreement to sell its engineering plastics business to DSM, which is the life sciences and materials sciences company. SRF is a chemical-based multi-business company engaged in the manufacturing of industrial and speciality intermediates.

Overall volumes in futures & options currently stand at 1.07 crore contracts with a turnover of Rs.7,20,742.67 crore.

Overall volumes in futures & options currently stand at 1.07 crore contracts with a turnover of Rs. 7,20,742.67 crore.

The zone of 28425-28350 is likely to act as crucial support for the index as it is the confluence of horizontal trendline support and 100-day exponential moving average.

Considering the daily time frame, the stock of Havells India Ltd formed a double inside day pattern near 100-day exponential moving average. The double inside bar is a price action candlestick pattern where two inside bars form successively.