Significant short covering is observed in Dr Reddy#39;s scrip, with a 4.28 percent surge in the January series future. There is also a notable 3.33 percent decline in cumulative Open Interest (OI) across the current, next, and far series. Call open interest is concentrated at the 6000 and 6100 strikes, while put open interest is prominent at the 5800 strike.
Dr Reddy’s Laboratories on the verge of breakout, sees strong short-covering on January 25, 2024 at 6:55 am
