These stocks are witnessing spike in delivery volumes!

We always hear people talking about the total volume traded of a stock. The total volume traded is essential for the market participants as it helps us to understand the interest and participation in the stock. However, one of the most crucial things that many of the market participants tend to overlook when they buy a stock for a short-term trading purpose or for an investment purpose is the delivery volume.

Delivery volume indicates the numbers of shares that are taken for delivery i.e. shares bought with an intention of holding more than a day. It can be for a week, few months, or even years. By taking the delivery of the stock, market participants show their commitment to the prospect of the stock.

Here is the list of stock which has seen a good spike in delivery percentage (the range of delivery percentage is set between 70 to 100 per cent) on February 4. We have also placed some filters which help us to separate the wheat from the chaff. The stocks that are a part of Nifty 500 are considered and the total volume traded should be greater than 1,00,000. Further, the total volume traded should be greater than the previous session. In this case, it means volume is greater than February 3 as well as above the 5-day average.

List of stocks before the volume filters. 

List of stocks after applying the  fliters i.e. the total volume traded should be greater than the previous session as well as above the 5-day average