F&O stocks where price is rising while open interest falls — shorts are being squeezed out, a bullish unwinding signal.
12 stocks · ranked by significance · click any symbol for the full smart-money deep dive.
| Stock | LTP | Price % | OI Δ% |
|---|---|---|---|
| NHPCNHPC Ltd. | 75.55 | +3.89% | -13.64% |
| MAXHEALTHMax Healthcare Institute Ltd. | 974.00 | +1.74% | -6.80% |
| BLUESTARCOBlue Star Ltd. | 1593.20 | +0.21% | -3.37% |
| ONGCOil & Natural Gas Corporation Ltd. | 270.15 | +1.03% | -2.88% |
| JUBLFOODJubilant Foodworks Ltd. | 436.20 | +0.32% | -2.71% |
| DMARTAvenue Supermarts Ltd. | 4207.00 | +2.76% | -2.48% |
| POWERGRIDPower Grid Corporation of India Ltd. | 287.70 | +1.02% | -1.94% |
| RBLBANKRBL Bank Ltd. | 350.20 | +1.02% | -1.91% |
| ABBABB India Ltd. | 7224.50 | +0.53% | -1.80% |
| TMPVTata Motors Passenger Vehicles Ltd. | 398.30 | +1.85% | -1.68% |
| ASTRALAstral Ltd. | 1550.50 | +0.59% | -1.66% |
| APOLLOHOSPApollo Hospitals Enterprise Ltd. | 8344.00 | +2.24% | -1.51% |
Short Covering occurs when a stock's price rises but its open interest falls. Falling OI on an up move means existing short positions are being bought back and closed, not that fresh longs are entering. It is bullish — but driven by shorts exiting rather than new conviction buying.
This screen lists every F&O stock classified as Short Covering in the latest NSE session, ranked by the size of the open-interest reduction. Sharp short covering can produce fast, squeeze-like rallies.
Strota classifies each F&O stock from the NSE F&O bhavcopy. Short Covering = price up + OI down.
Stocks are ranked by absolute OI change percentage. A large OI drop on an up day means a large block of shorts capitulated.
Short covering rallies can fade once the shorts are flushed out, because the buying was position-closing rather than fresh accumulation. Treat it as positioning information, not advice.
What is short covering?
Short covering is when traders who sold a stock short buy it back to close their positions. On the screen it shows up as price rising while open interest falls — the bullish move is driven by shorts exiting.
How is short covering different from long buildup?
Both are bullish and both have rising price. In Long Buildup open interest rises (fresh longs entering); in Short Covering open interest falls (existing shorts exiting). Long Buildup signals new conviction; short covering signals shorts capitulating.
How often does the list update?
Every trading session once the NSE F&O bhavcopy is processed (around 6:30 PM IST), with live values during market hours when a broker feed is connected.
Does short covering mean the stock will keep rising?
Not necessarily. Short-covering rallies can stall once the shorts are flushed out, since the buying is position-closing rather than fresh demand. It is a positioning signal, not buy/sell advice.