5 stocks that could be heading higher on account of short covering

Indian equities are expected to open on a flat note, in-line with its global peers. Since the beginning of the June F&O contracts, selected stocks have witnessed sharp short covering marked by the rise in the underlying price along with a fall in open positions.

As the traders continue to cover their short positions, we believe following stocks can continue their upward momentum going into today's trade.

OI Losers
Underline	OI (lakhs)	% OI Chg	Price	% Price Chg	Action
BALRAMCHIN	150	(7.8)	72	5.4	Short Covering
REPCOHOME	7	(5.4)	566	1.0	Short Covering
MUTHOOTFIN	26	(5.4)	395	0.8	Short Covering
ADANIENT	124	(5.3)	128	1.2	Short Covering
HINDZINC	135	(5.2)	302	1.6	Short Covering

  

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