SAIL shares rise 19% in just two sessions. What’s triggering this sharp surge?
SAIL shares surged 19% in two sessions as a heavy build-up of bearish derivative positions triggered a sharp short squeeze. Rising prices forced traders to unwind concentrated short bets amid margin pressure and stop-loss hits, creating a cycle of accelerated…
The News Flicker
SAIL shares surged 19% in two sessions as a heavy build-up of bearish derivative positions triggered a sharp short squeeze. Rising prices forced traders to unwind concentrated short bets amid margin pressure and stop-loss hits, creating a cycle of accelerated…
Shares of Steel Authority of India Ltd (SAIL) jumped up to 4% to hit a high of Rs 210 on the BSE on Thursday, extending their rally for a second straight session and gaining 19% over the period.Analy…
Originally published by The Times of India. Read the full article →
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