MRF, Escorts among 5 stocks to bow out of F&O next week; tech view here

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MRF, Escorts among 5 stocks to bow out of F&O next week; tech view here - Business Standard

Quick Summary:

Short-term trading strategies in stocks - MRF, Apollo Tyres, Escorts Kubota, Deepak Nitrite and Ramco Cements - that will be excluded from the NSE F&O segment after the May expiry.

Technical charts indicate a likely mixed bias for MRF, Apollo Tyres, Escorts Kubota, Deepak Nitrite and Ramco Cements ahead of F&O exclusion.

On the upside, the near hurdle for the stock stands at ₹1,41,500, above which the stock may face resistance around ₹1,43,000 levels.A bull-market illusion?