DayTrade Share Future

Most Active

FutureOpen Interest %
Reliance Industries (RELIANCE) 28013K 2.2%
Zee Entertainment En (ZEEL) 32085K -5.3%
DLF Limited (DLF) 25486K 8.8%
Tata Motors Limited (TATAMOTORS) 86897K 3.6%
State Bank of India (SBIN) 80045K 2.2%
United Spirits Limit (MCDOWELL-N) 14265K 7.4%

Top Gainers

FutureOpen Interest %
GODREJPROP (GODREJPROP) 2224K 12.5%
DLF Limited (DLF) 25486K 8.8%
United Spirits Limit (MCDOWELL-N) 14265K 7.4%
INDHOTEL (INDHOTEL) 14843K 6.4%
PEL (PEL) 4021K 5.3%
DIXON (DIXON) 458K 5.3%

Volume Leaders

FutureOpen Interest %
Reliance Industries (RELIANCE) 28013K 2.2%
Zee Entertainment En (ZEEL) 32085K -5.3%
DLF Limited (DLF) 25486K 8.8%
Tata Motors Limited (TATAMOTORS) 86897K 3.6%
State Bank of India (SBIN) 80045K 2.2%
United Spirits Limit (MCDOWELL-N) 14265K 7.4%

Hot

FutureOpen Interest %
ABFRL (ABFRL) 12191K 2%
INDHOTEL (INDHOTEL) 14843K 6.4%
INDUSTOWER (INDUSTOWER) 13826K 2%
United Spirits Limit (MCDOWELL-N) 14265K 7.4%
Coal India Limited (COALINDIA) 51887K 3.2%
Tata Motors Limited (TATAMOTORS) 86897K 3.6%

Top

FutureOpen Interest %
IDFCFIRSTB (IDFCFIRSTB) 151240K 0.1%
Tata Motors Limited (TATAMOTORS) 86897K 3.6%
Coal India Limited (COALINDIA) 51887K 3.2%
Oil & Natural Ga (ONGC) 46847K 3%
GAIL (India) Limited (GAIL) 38729K 1.9%
Hindalco Industries (HINDALCO) 29960K 4.3%

Top Losers

FutureOpen Interest %
Zee Entertainment En (ZEEL) 32085K -5.3%
ICICIGI (ICICIGI) 2476K -3.6%
BALKRISIND (BALKRISIND) 1467K -1.7%
COROMANDEL (COROMANDEL) 1574K -1.7%
Strides Arcolab Limi (STAR) 1941K -1.5%
NMDC Limited (NMDC) 71502K -1.3%

Securities In Ban Period

In Ban Period

SYMBOLMWPLOpen Interest
CANBK 134484114 128790000 (95.77%)
ESCORTS 14081594 12806750 (90.95%)
IBULHSGFIN 68933088 60130700 (87.23%)
IDEA 1606294231 1462860000 (91.07%)
IRCTC 10433113 9176700 (87.96%)
PNB 591377974 496128000 (83.89%)


May Entre in Ban Period

SYMBOLMWPLOpen Interest
CANBK 134484114 128790000 (95.77%)
SAIL 289139949 269458000 (93.19%)
NMDC 229794455 213984600 (93.12%)
ZEEL 184439886 169386000 (91.84%)
IDEA 1606294231 1462860000 (91.07%)
ESCORTS 14081594 12806750 (90.95%)
NATIONALUM 178967755 158355000 (88.48%)
IRCTC 10433113 9176700 (87.96%)
BHEL 256482590 224626500 (87.58%)
IBULHSGFIN 68933088 60130700 (87.23%)
JINDALSTEL 80645614 69335000 (85.97%)
PNB 591377974 496128000 (83.89%)
BANKBARODA 372635498 310342500 (83.28%)
EXIDEIND 91809066 75618000 (82.36%)
GRANULES 28712882 22569550 (78.6%)
ADANIPORTS 147858225 116217500 (78.6%)
SUNTV 19704232 15420000 (78.26%)
ADANIENT 55169320 42519000 (77.07%)
TATAPOWER 339616396 258687000 (76.17%)
TATACHEM 31601465 23801000 (75.32%)
DLF 124016568 92997300 (74.99%)

Market Wide Position Limit (MWPL) of all Stocks

SYMBOLMWPLOpen Interest
CANBK 134484114 128790000 (95.77%)
SAIL 289139949 269458000 (93.19%)
NMDC 229794455 213984600 (93.12%)
ZEEL 184439886 169386000 (91.84%)
IDEA 1606294231 1462860000 (91.07%)
ESCORTS 14081594 12806750 (90.95%)
NATIONALUM 178967755 158355000 (88.48%)
IRCTC 10433113 9176700 (87.96%)
BHEL 256482590 224626500 (87.58%)
IBULHSGFIN 68933088 60130700 (87.23%)
JINDALSTEL 80645614 69335000 (85.97%)
PNB 591377974 496128000 (83.89%)
BANKBARODA 372635498 310342500 (83.28%)
EXIDEIND 91809066 75618000 (82.36%)
GRANULES 28712882 22569550 (78.6%)
ADANIPORTS 147858225 116217500 (78.6%)
SUNTV 19704232 15420000 (78.26%)
ADANIENT 55169320 42519000 (77.07%)
TATAPOWER 339616396 258687000 (76.17%)
TATACHEM 31601465 23801000 (75.32%)
DLF 124016568 92997300 (74.99%)
LICHSGFIN 60244101 42500000 (70.55%)
RBLBANK 101988771 71212400 (69.82%)
PVR 10078782 6866497 (68.13%)
TATASTEEL 157953668 103098200 (65.27%)
AMARAJABAT 24576009 15646000 (63.66%)
TATAMOTORS 355884551 225013200 (63.23%)
L&TFH 179915331 112067592 (62.29%)
VEDL 256489557 158313900 (61.72%)
CADILAHC 51441633 31407200 (61.05%)
GMRINFRA 464875219 259290000 (55.78%)
MINDTREE 12809266 6790800 (53.01%)
MANAPPURAM 110041718 57138000 (51.92%)
M&MFIN 117530313 59024000 (50.22%)
INDIGO 19372475 9593000 (49.52%)
LUPIN 48261028 23824650 (49.37%)
MCDOWELL-N 62845623 29336250 (46.68%)
CANFINHOME 18644652 8520525 (45.7%)
AUROPHARMA 56444627 25343500 (44.9%)
DEEPAKNTR 14814614 6607500 (44.6%)
FEDERALBNK 393537989 172600000 (43.86%)
BPCL 202636795 87109200 (42.99%)
APOLLOTYRE 72957920 31222500 (42.8%)
IDFCFIRSTB 787579604 333098500 (42.29%)
BIOCON 92336958 38472100 (41.66%)
IEX 59710948 24452500 (40.95%)
GLENMARK 30116493 12068100 (40.07%)
COALINDIA 417418754 162040200 (38.82%)
SRF 5833741 2257250 (38.69%)
ASHOKLEY 282181803 108459000 (38.44%)
BHARTIARTL 476947390 178967637 (37.52%)
INDUSINDBK 107909145 39060000 (36.2%)
MGL 13335005 4773000 (35.79%)
UPL 110086956 38532000 (35%)
GODREJPROP 23107992 7833800 (33.9%)
MCX 10180563 3360700 (33.01%)
HEROMOTOCO 26069561 8445600 (32.4%)
STAR 12628604 3985200 (31.56%)
PEL 24341349 7665350 (31.49%)
ABFRL 66704418 20802600 (31.19%)
HDFCAMC 11132055 3470200 (31.17%)
BHARATFORG 51436398 15949500 (31.01%)
BATAINDIA 12092405 3681700 (30.45%)
TVSMOTOR 45360865 13759200 (30.33%)
MUTHOOTFIN 21347107 6437250 (30.16%)
PFC 232357926 68541000 (29.5%)
PETRONET 150000017 43299000 (28.87%)
COFORGE 5365617 1546200 (28.82%)
CONCOR 55081874 15667512 (28.44%)
MARUTI 26359259 7490100 (28.42%)
HINDPETRO 127940594 35899200 (28.06%)
UBL 14428803 4020100 (27.86%)
APLLTD 11999222 3307150 (27.56%)
INDHOTEL 140923239 38567100 (27.37%)
ACC 17078428 4660500 (27.29%)
HINDALCO 292555916 79294150 (27.1%)
SBIN 747248239 201361500 (26.95%)
JUBLFOOD 15268602 4076000 (26.7%)
RECLTD 187084550 49134000 (26.26%)
AUBANK 44807534 11450500 (25.55%)
EICHERMOT 27764830 6993350 (25.19%)
APOLLOHOSP 20181931 5078000 (25.16%)
HAL 16619018 4169075 (25.09%)
LTTS 5413980 1356600 (25.06%)
NAM-INDIA 31873142 7956800 (24.96%)
JSWSTEEL 268411812 66067650 (24.61%)
GUJGASLTD 53841317 13035000 (24.21%)
BANDHANBNK 193310657 46564200 (24.09%)
IGL 77000080 18400250 (23.9%)
COLPAL 26654592 6288100 (23.59%)
MOTHERSUMI 241729538 56479500 (23.36%)
CHOLAFIN 79393472 18158750 (22.87%)
SUNPHARMA 218440087 49735000 (22.77%)
POLYCAB 9425543 2111400 (22.4%)
WIPRO 291907276 63952000 (21.91%)
HDFCLIFE 186588206 40767100 (21.85%)
VOLTAS 46126252 9890000 (21.44%)
INDIAMART 3040029 649800 (21.37%)
BAJAJ-AUTO 26795423 5694000 (21.25%)
INDUSTOWER 162420466 33992000 (20.93%)
BALKRISIND 16124234 3369200 (20.9%)
BEL 238123793 48647600 (20.43%)
MARICO 104071883 21010000 (20.19%)
GAIL 424621761 83576100 (19.68%)
ITC 2458868441 478976000 (19.48%)
BAJFINANCE 52829771 10268250 (19.44%)
AARTIIND 39945878 7757950 (19.42%)
GRASIM 75958041 14457575 (19.03%)
SBILIFE 88620891 16839750 (19%)
AMBUJACEM 145409793 26358000 (18.13%)
DABUR 115396089 20792500 (18.02%)
CIPLA 101908925 17986800 (17.65%)
M&M 184476019 32472300 (17.6%)
TECHM 124540788 21880800 (17.57%)
NAVINFLUOR 6909637 1212975 (17.55%)
BAJAJFINSV 12426382 2170050 (17.46%)
HAVELLS 50687734 8700500 (17.16%)
TORNTPOWER 44634693 7654500 (17.15%)
SRTRANSFIN 40005132 6829200 (17.07%)
LALPATHLAB 7321123 1216500 (16.62%)
HCLTECH 215294964 35246400 (16.37%)
PIDILITIND 30357639 4902500 (16.15%)
OFSS 4614633 736375 (15.96%)
BERGEPAINT 48595067 7632900 (15.71%)
SIEMENS 17806068 2781075 (15.62%)
CUMMINSIND 27165463 4232400 (15.58%)
ONGC 996134149 152937400 (15.35%)
MPHASIS 16474301 2507700 (15.22%)
DIXON 7610955 1152000 (15.14%)
TATACONSUM 120227851 17556750 (14.6%)
COROMANDEL 24904335 3618125 (14.53%)
NTPC 948263976 135585900 (14.3%)
SYNGENE 22977031 3262300 (14.2%)
NAUKRI 15819252 2168250 (13.71%)
ICICIPRULI 76293170 10350000 (13.57%)
PFIZER 3300938 441875 (13.39%)
AXISBANK 527568322 69504000 (13.17%)
BOSCHLTD 1737683 223100 (12.84%)
TITAN 83636848 10576500 (12.65%)
BRITANNIA 23823080 2991600 (12.56%)
ULTRACEMCO 23076503 2844900 (12.33%)
ICICIBANK 1086781402 133699500 (12.3%)
LTI 9001754 1098450 (12.2%)
METROPOLIS 5075184 613000 (12.08%)
MRF 612280 72450 (11.83%)
IOC 913205148 106021500 (11.61%)
KOTAKBANK 293418503 34054400 (11.61%)
GODREJCP 75199601 8686000 (11.55%)
ICICIGI 43761559 4684350 (10.7%)
PIIND 16142192 1721750 (10.67%)
RELIANCE 649158994 69092250 (10.64%)
SHREECEM 2702190 281650 (10.42%)
RAMCOCEM 27107277 2790550 (10.29%)
TORNTPHARM 9731600 995250 (10.23%)
POWERGRID 678857930 68966356 (10.16%)
CUB 147764422 14858300 (10.06%)
TCS 205769415 20599500 (10.01%)
ASIANPAINT 90562627 8703900 (9.61%)
HDFCBANK 666795547 60484050 (9.07%)
MFSL 43769485 3808350 (8.7%)
NESTLEIND 7180127 622450 (8.67%)
PAGEIND 1161956 99210 (8.54%)
TRENT 44787316 3785225 (8.45%)
LT 277029606 22615325 (8.16%)
INFY 738451703 57207600 (7.75%)
HINDUNILVR 179035196 13256100 (7.4%)
ALKEM 9841875 696400 (7.08%)
HDFC 361150649 21527100 (5.96%)
IPCALAB 13627174 760050 (5.58%)
ASTRAL 17786268 832975 (4.68%)

What is this?

If you are trading in the F&O market, there is a high chance that you have faced the situation where the stock exchange imposes a ban on a particular security. In this article we will learn what does it mean for a stock to enter the ban period and how knowing this you can plan a better trading strategy. Before dwelling deep into the concept it is important that we understand certain terms:

Open Interest

It is the number of outstanding contracts in futures and options trading on a stock exchange at any one time.

Market Wide Position Limit (MWPL)

It is the maximum number of open positions allowed across all F&O contracts of the specific stock. It is expressed as number of shares and its value is the lowest of either of the following: 20% of the number of shares held by non promoters. 30 times the average number of shares traded daily in the previous calendar month.

When does security enter the ban period?

When the derivative of any security crosses the 95% market threshold of market-wide-position-limits then that security is put under ban for F&O. Once an F&O is put under ban one can trade in that particular contract only to offset one’s existing position, they are not allowed to open or add any new contract. In other words, one cannot take a trade which increases open interest. For example consider that company that has 20,000 shares in total, however, only 40% of them are with non-promoters, i.e. 8,000 shares. Then the MWPL for the stock would be 20% of 8000 shares, that is 1600 shares. Now if at the end of day, outstanding open positions in the security exceeds 1520 (95% of 1600) then the security will enter the ban period. Once it is in ban period, the contract trading can be done only to offset existing positions (long liquidation or short covering). The ban is lifted once the open interest falls below 80%. You may ask- why should there be a ban? Well, there is a valid reason for it. This is done so that excessive speculation can be eliminated.

Security Ban and Trading

Once the stock enters the ban period, the magic starts. Now only square-off can take place in this particular script. So either the shorts will be covered or longs will get liquidated. During the entire ban- stock price should stay depressed. Additionally, knowing which stocks may be approaching the ban period, allows traders to make an informed decision about going short or long in those scripts. Finally, a piece of advice- create a list of stocks and study their behaviour near the ban period, develop your strategies using paper trading, and once confident take the plunge.