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Timberwolves Ramp Up LeBron James Pursuit as Free Agency Saga Continues for NBA Legend

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LeBron James and Russell Westbrook

MINNEAPOLIS — LeBron James informed the Los Angeles Lakers in late June that he will not return for the 2026-27 season and will instead play his record-extending 24th NBA campaign elsewhere. The Minnesota Timberwolves have emerged as one of several teams aggressively pursuing the four-time MVP, though significant obstacles remain before any potential move to the Twin Cities materializes.

The 41-year-old James, who averaged 20.9 points, 7.2 assists and 6.1 rebounds in 60 games during the 2025-26 season with the Lakers, became an unrestricted free agent after declining to exercise his player option. His agent, Rich Paul of Klutch Sports, confirmed the decision to depart Los Angeles, allowing the franchise to plan without him.

Multiple reports indicate the Timberwolves reached out to James’ representatives shortly after free agency opened. Team officials have pitched James on joining a young, talented core that includes Anthony Edwards, recently acquired LaMelo Ball, Jaden McDaniels and Rudy Gobert. The Wolves believe this group could ease James’ offensive and defensive workload while positioning Minnesota for a deep playoff run and its first NBA championship.

Minnesota’s front office has emphasized the franchise’s championship drought as a unique selling point. Winning a title in a market without prior success could strengthen James’ case in the long-running debate over the greatest player of all time, sources familiar with the discussions told The Athletic. The Wolves have ramped up their efforts and view themselves as a legitimate option despite limited financial flexibility.

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Cap space presents the primary hurdle for Minnesota. The team sits approximately $4.4 million below the NBA’s second apron and can offer only the $3.9 million veteran minimum exception. Other suitors, including the Cleveland Cavaliers, Miami Heat, Golden State Warriors and Philadelphia 76ers, face similar constraints in many cases, though some may have slightly more room depending on additional roster moves.

ESPN’s Brian Windhorst reported on July 10 that a credible source indicated James has reached a “done deal” with a team other than the Cavaliers, though the specific destination was not confirmed. Earlier reporting from The Athletic and others highlighted Cleveland, Miami and Golden State as teams generating significant momentum alongside Minnesota’s persistent interest.

James has long prioritized contending teams in free agency decisions. The Timberwolves’ roster construction aligns with that preference, offering defensive anchors in McDaniels and Gobert alongside dynamic scorers in Edwards and Ball. Pairing James with Edwards, with whom he won Olympic gold in 2024, has been highlighted as a natural fit.

Rich Paul discussed potential landing spots on his “Game Over” podcast with Max Kellerman, using a whiteboard to outline options. Minnesota appeared prominently in those discussions, reflecting the team’s active engagement. Paul has noted that 27 teams have inquired about James, underscoring widespread interest across the league.

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The Wolves made roster adjustments this offseason to create opportunity at power forward, trading Julius Randle and Naz Reid while adding Ball. Those moves opened a starting lineup spot that fits James’ skill set as a versatile forward capable of facilitating and scoring in multiple ways.

Despite the intrigue, landing James remains a long shot for Minnesota according to some league sources. The team’s cold-weather market and lack of spending power place it behind more established contenders in James’ considerations. Still, the organization’s belief in its roster and championship window has fueled an aggressive approach.

James’ decision will likely hinge on a combination of roster fit, coaching stability, ownership commitment and personal factors. At 41, he continues to perform at an elite level and has expressed ongoing motivation to chase additional titles and individual milestones.

The Lakers expressed disappointment at his departure but issued statements thanking him for his contributions, including the 2020 NBA championship and his all-time scoring record achieved in a Lakers uniform. James spent eight seasons in Los Angeles after previous stints with Cleveland and Miami.

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As free agency continues, James has shown no rush to finalize his destination. Reports suggest he could take additional time to evaluate options before committing, potentially extending the process into mid-July or beyond.

For the Timberwolves, the pursuit represents a high-risk, high-reward strategy. Adding James would instantly elevate expectations in a market hungry for success and could accelerate the development of young stars like Edwards and Ball through mentorship.

League insiders note that James values organizations willing to build around him and provide the infrastructure for contention. Minnesota’s recent investments in roster talent and front-office stability under president of basketball operations Tim Connelly align with those priorities.

Whether the Timberwolves can overcome financial limitations and outmaneuver other interested parties remains uncertain. James’ track record shows he weighs multiple factors carefully, often prioritizing winning above all else.

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The coming days and weeks will clarify the landscape. Until James announces his decision, speculation about a potential move to Minnesota will continue alongside interest from other franchises seeking to bolster their championship aspirations with one of the game’s all-time greats.

For now, the Timberwolves have made their case clear: they believe their situation offers James the best opportunity to add to his legacy while helping deliver the franchise’s first title. The final chapter of this free agency saga will determine whether that vision becomes reality for the 2026-27 season.

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Why is Nippon Electric Glass stock plunging today?

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Why is Nippon Electric Glass stock plunging today?

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Hockey warns on ‘evil’ powers

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Hockey warns on ‘evil’ powers

Joe Hockey has opened the Diggers & Dealers Mining Forum with dire warnings about Iran and Vladimir Putin, while talking up Australia’s critical minerals importance.

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Connect Staffing Group secures contract with Ramsay Health Care

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Connect Staffing Group secures contract with Ramsay Health Care

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Prosperity Bancshares Stock Appears Deserving Of Its Premium Price (NYSE:PB)

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Prosperity Bancshares Stock Appears Deserving Of Its Premium Price (NYSE:PB)

This article was written by

I have been involved in the financial world for over 25 years with experience as an advisor, teacher, and writer. I am a full believer in the free-market system and that financial markets are efficient with most stocks reflecting their real current value. The best opportunities for profits on individual stocks come from stocks that are less-widely followed by the average investor or from stocks that may not accurately reflect the opportunities that currently exist in their markets.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Tarik Skubal Deal to Dodgers Headlines a Wild Deadline Monday

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Tarik Skubal

Major League Baseball’s 2026 trade deadline arrives Monday at 6 p.m. Eastern time, and fantasy managers across redraft and dynasty leagues are scrambling to sort through a wave of roster-altering moves that could reshape player values heading into the stretch run of the season.

The biggest headline so far involves Detroit Tigers ace Tarik Skubal, who has landed with the Los Angeles Dodgers in a blockbuster deal. For fantasy purposes, a move of Skubal’s caliber to a contending club typically preserves or enhances a pitcher’s value, since it generally signals continued heavy usage down the stretch on a team built to make a deep postseason run, though managers should watch closely for any adjustments to his workload as the Dodgers manage his innings ahead of October.

Beyond the Skubal blockbuster, several contending clubs made moves to shore up their pitching depth ahead of the deadline. The San Francisco Giants acquired right-hander Lucas Giolito, while the Tampa Bay Rays brought in Marcus Stroman, additions ESPN’s fantasy analysts flagged as potential sneaky assets for managers looking to add depth for the stretch run. Both pitchers could see their fantasy value shift depending on how their new clubs deploy them within revamped rotations.

The Chicago Cubs also made a pre-deadline move to address their rotation, acquiring what has been described as one of the more reliable starting pitchers in baseball over the past decade, a needed addition for a team that had been thin on dependable starting pitching depth heading into the deadline.

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Much of the remaining deadline drama has centered on the Seattle Mariners, who are widely expected to move at least one of their starting pitchers before Monday’s deadline passes. Left-hander Kade Anderson, currently pitching in the minors with a 1.27 ERA and a 0.64 WHIP this season, stands to benefit significantly whenever that trade occurs, since a departure by Emerson Hancock, Luis Castillo or another member of Seattle’s deep rotation would open a clear path to the majors for Anderson. Fantasy analysts have specifically recommended that managers ahead of the pack in their leagues’ playoff positioning consider stashing Anderson now, anticipating he could become a meaningful contributor by sometime in August. One additional wrinkle worth monitoring for any pitcher who departs Seattle: whoever leaves the Mariners will also lose access to what is widely considered the best home ballpark in baseball for pitchers, a factor that could meaningfully affect their statistics once traded elsewhere.

The Minnesota Twins have also drawn significant trade speculation. After serving as the biggest seller at the 2025 deadline, Minnesota has performed better than expected this season, sitting at 53-54 as the deadline approaches. Even so, there remains a real possibility that Twins management finishes what analysts have described as an ongoing organizational teardown by trading starting pitcher Joe Ryan or outfielder Byron Buxton, or potentially both. Fantasy analysts have noted that both players represent top-tier trade assets who would fetch substantial returns and are unlikely to ever be more valuable to a trading partner than they are right now. Should Minnesota pursue a further sell-off, that could open expanded playing time for outfielder Walker Jenkins, the organization’s No. 14 overall prospect according to MLB Pipeline, who has posted a career .864 OPS across his minor league career to date.

Other notable names who remained on the trade radar as Monday’s deadline approached include Athletics closer Mason Miller and Colorado Rockies catcher Hunter Goodman, both cited among the bigger names that could still change hands before the 6 p.m. deadline. Fantasy analysts have specifically flagged Goodman, along with Chicago White Sox catcher Ryan Jeffers, as notable sell-high candidates for managers looking to capitalize on strong first-half performances before any potential trade alters their situation.

Elsewhere around the league, the Baltimore Orioles have faced mounting pressure to become sellers as the deadline approaches, with the club’s head of baseball operations, Mike Elias, reportedly under increasing scrutiny from the fan base over the team’s underwhelming performance this season. Should Baltimore ultimately move toward selling, pitcher Trevor Rogers and outfielder Taylor Ward have been identified as the club’s most obvious trade chips.

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Fantasy managers have also been closely tracking bullpen movement throughout deadline week, given how quickly closer roles can shift once relievers change organizations. With relief pitchers changing hands on what analysts described as an hourly basis in the days leading up to Monday’s deadline, managers in leagues that count saves have been urged to monitor closer depth charts closely for sudden changes in bullpen hierarchy at any club involved in a reliever trade.

With the deadline set to close at 6 p.m. Eastern time Monday, additional moves remain possible right up until the final hour, and fantasy analysts have cautioned managers to expect further surprises beyond the deals already completed. As the dust settles on this year’s deadline, the full fantasy fallout, spanning rotation changes, bullpen shakeups and shifting lineup roles for hitters traded to new teams, is expected to become clearer over the following days as rosters and playing time settle into their post-deadline arrangements for the stretch run toward October.

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Chip maker Pragmatic Semiconductor searches for new investment as it hopes to ramp up North East operation

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The firm is known for its low-cost chips which are thinner than a human hair

The Pragmatic Semiconductor plant at Durham

The Pragmatic Semiconductor plant at Durham(Image: Pragmatic/Brands2Life)

Disruptive chip maker Pragmatic Semiconductor says it is focussed on ramping up production at its new County Durham factory site, despite falling revenue and widening operating losses.

Bosses say the innovative firm will continue to bear losses until production and sales scale up. And the hunt for new equity funding – following a successful £179m series D raise – is under way with JP Morgan appointed to lead the effort.

Pragmatic has secured £36m of bridge financing from existing investors, in the form of convertible loan notes, to tide it over in the meantime. It comes as newly published accounts show Pragmatic saw revenues fall to £901,000 in 2025, down from £1.69m the year before, and incurred operating losses of £65.1m, up from £55.8m.

Writing in the accounts, Steve McCue – who was appointed as chief financial officer in March 2025 – acknowledged delays to the company’s plan but talked of the “deep complexity of developing an entirely new disruptive technology. He said directors were satisfied the company continues to make significant progress.

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Pragmatic has developed a fast and sustainable way to develop ultra-thin and flexible chips that are underpinning the digital and AI-led transformation of the economy. In 2022 it chose Meadowfield Industrial Estate as the site for its multimillion-pound, job-creating Pragmatic Park production site, where the second high-volume production line for its chips has now been built and installed to triple its capacity.

In late 2023 the company completed its series D equity raise, co-led by technology investors M&G Catalyst and the UK Infrastructure Bank. At the time, that was said to be the largest European semiconductor venture raise ever.

Given its track record of attracting investment there are hopes the series E round will also deliver for Pragmatic, which has its eyes on an estimated $30bn market. The firm has pointed to initial opportunities in the near-field communications space, dealing with smart labels and inlays for global packaging companies and consumer brands.

Within the results document, Mr McCue wrote: “The directors are pleased to report continued progress with ongoing technology and product innovation and high-volume manufacturing production ramping support of the further commercialisation of the company’s proprietary semiconductor technology and manufacturing processes during 2025. The company’s proven breakthrough technology delivers thin and flexible integrated circuits (‘chips’) at a significantly lower production cost and lower carbon footprint than comparable silicon chips.

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“As an example, our RFID chips can enable item-level intelligence to be embedded in virtually any object on the planet. Moreover, our technology has the potential to fundamentally redefine the global semiconductor industry, with demands for greater supply chain resiliency, diversification of global manufacturing footprint in the face of escalating geopolitical tensions, and significant reductions in emissions, all continuing to present strong tailwinds for the company.

“Pragmatic offers a scalable and capital efficient means to grow semiconductor capacity and allows for truly localised chip production in a way that cannot be matched by other semiconductor technologies, all while dramatically reducing energy and water usage, and eliminating the use of many harmful chemicals required by the industry today.”

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ASX 200 Slips as Iron Ore and Fortescue Slump to One-Year Lows Despite an Overnight Wall Street Rally

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Australia Housing Market 2026: Two-Speed Boom Persists as Prices Hit

Australia’s benchmark stock index edged lower Monday, falling 0.11% to trade at 8,967.2 points, as a sharp slide in iron ore prices and mining stocks offset a positive overnight session on Wall Street driven by strong technology earnings.

The S&P/ASX 200 dropped 9.6 points in early afternoon trading, a modest decline that nonetheless followed an unusually weak start to the session. Futures markets had pointed to a considerably rougher opening, with ASX 200 futures down 85 points, or 0.95%, ahead of the local session, suggesting the index recovered some ground once trading got underway.

Iron ore and major mining stocks bore the brunt of Monday’s selling pressure. Fortescue fell 3.3% to a fresh 11-month low of $17.90, extending a decline that has now pushed the stock down 22% since mid-May and 16% year-to-date. Iron ore prices themselves fell to their lowest level in more than a year, driven by concerns tied to a major physical commodities trader alongside softening demand out of China and deteriorating fundamentals within the steel industry. As recently as three months ago, iron ore had been trading around $110 a tonne; prices have since dropped sharply to approximately $94 a tonne amid the weakening demand backdrop.

Chinese economic data released Monday added to the cautious tone. A private survey showed China’s factory activity gauge slowing, echoing weaker official government data and reinforcing concerns about softening demand from the country that remains Australia’s largest trading partner for iron ore and other key commodity exports.

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Despite the pressure from mining and resources stocks, Monday’s session followed a broadly positive close to July on Wall Street. The Dow Jones Industrial Average rose 0.53%, the S&P 500 gained 0.7% and the Nasdaq Composite climbed 1% in the final session of the month, with the rally driven substantially by another round of strong technology earnings. Amazon led the advance after its own results helped push the so-called Magnificent Seven group of major technology stocks up roughly 3% collectively, offsetting a decline in Apple shares following its own earnings report. Chipmakers finished the session roughly flat, a result that did little to rescue the sector from what proved to be its worst monthly performance since 2008.

Microsoft’s earnings specifically continued to reverberate through markets heading into the new week. The company’s shares closed up 15.5% on Thursday, lifting its market capitalization to $3.35 trillion and surpassing Nvidia’s prior record for the largest single-day market value gain, a mark set in April 2025. Microsoft guided for Azure cloud revenue growth of 45% on a constant-currency basis in the current quarter, comfortably ahead of the roughly 40.9% growth analysts had been expecting. The company also kept its capital expenditure plans unchanged, at $50 billion for the first quarter of its 2027 fiscal year and $175 billion across the full 2026 calendar year, easing broader investor concerns that AI-related infrastructure spending might begin outpacing actual demand. At least nine brokerages raised their price targets on Microsoft following the results, pushing the average target to $560.90.

Sentiment toward the broader artificial intelligence trade also received a boost from a separate development involving hedge fund Citadel. A deal in which Citadel acquired the remaining public equities portfolio of hedge fund Situational Awareness triggered a relief rally across AI-linked stocks, even as some traders continued to question whether other heavily leveraged funds remain similarly exposed to potential forced selling. That relief rally extended into Asian markets as well, with South Korea’s KOSPI index surging a record 18% on Friday following the news.

Australian shares had entered the new trading week on strong footing after climbing almost 3% during July overall. Within the local market last week specifically, technology stocks rose 8.2% while healthcare stocks gained 5.5%, according to weekly sector performance data, reflecting a broader rotation toward growth-sensitive sectors even as resources and mining stocks have come under renewed pressure heading into the start of August.

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Beyond the dominant iron ore and technology themes, Monday’s session also brought early corporate updates from companies including Transurban, FleetPartners, SKS Technologies, Vista Group and ResMed, with investors weighing those individual results alongside the broader macroeconomic backdrop shaping the session. Softer futures heading into the day had also reflected pressure from rising global bond yields and cautious investor positioning ahead of the bulk of Australia’s corporate reporting season, which continues to unfold through August.

With the ASX 200 continuing to trade well below its all-time high of 9,198.6 points, reached in February 2026, and iron ore prices showing few signs of an immediate rebound, investors are likely to keep close watch on further Chinese economic data and the pace of Australia’s ongoing corporate earnings season in the sessions ahead, particularly given how directly the fortunes of major resources stocks like Fortescue remain tied to the trajectory of Chinese steel and construction demand.

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Elixir Energy Limited (ELXPF) Shareholder/Analyst Call – Slideshow

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Elixir Energy Limited (ELXPF) Shareholder/Analyst Call – Slideshow

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Blackstone Mortgage Trust: Unjustified 25% BV Discount

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Blackstone Mortgage Trust: Unjustified 25% BV Discount

Blackstone Mortgage Trust: Unjustified 25% BV Discount

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Seasonal tailwinds set the stage for select stock rallies

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Seasonal tailwinds set the stage for select stock rallies
With August’s historical seasonality favouring Indian equities, analysts have identified stocks well placed to outperform based on derivatives build-up, though a few continue to attract bearish bets on weakening technicals.

With August’s historical seasonality favouring Indian equities, analysts have identified stocks well placed to outperform based on derivatives build-up, though a few continue to attract bearish bets on weakening technicals.

BULLISH BETS
DELHIVERY
Change in OI in Aug Series: 16.99% Change in Price in Aug Series: 4.19%
RATIONALE: The stock has attracted fresh long positioning in the August derivatives series, said Dhupesh Dhameja, research analyst, Samco Securities. “The stock continues to trade above its 100-day EMA, highlighting a robust long-term bullish structure, while the recent decline appears to be a healthy retracement within the broader trend rather than a reversal,” he said. Dhameja said the stock has the potential to extend its up move towards Rs 530, while Rs 458 remains a critical stop loss, below which the technical structure would weaken.


Read more: AI trade unwind, FII inflows brighten August outlook for Indian stocks

JIO FINANCIAL
Change in OI in Aug Series: 1.83% Change in Price in Aug Series: 3.84%
RATIONALE: The stock has been consolidating in a symmetric triangle pattern for the past five months, said Vipin Kumar, AVP – Derivatives and Technical Research at Globe Capital Market. “On Friday, it witnessed a bullish breakout from the said formation with a significant rise in volume,” he said. He suggests adding long positions in its August futures around the Rs 255-250 levels, with a stop loss at Rs 240, for a price target of Rs 270-280.

ADITYA BIRLA CAPITAL
Change in OI in Aug Series: 5.46% Change in Price in Aug Series: 2.65%

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RATIONALE: The rise in open interest alongside a gain in price indicates fresh long accumulation in the August series, said Dhameja. “On the technical front, the stock is undergoing a healthy consolidation after a strong uptrend while holding above its rising 20-DEMA, highlighting sustained buying interest,” he said. “The ongoing price action reflects strong acceptance near higher levels, with the broader higher highhigher low structure remaining intact.” Dhameja said the structure suggests potential towards `445, while `384 remains a critical stop loss, below which the bullish structure would weaken.

BAJAJ HOLDINGS & INVESTMENT
Change in OI in Aug Series: 44% Change in Price in Aug Series: 5.25%

RATIONALE: Following a multiquarter corrective phase, the stock has established a durable base around its four-year mean, said Amit Trivedi, SVP, Institutional Equities Research at Yes Securities. “A decisive hold above Rs 11,000 is expected to strengthen bullish momentum, opening the path towards the Rs 12,500 zone,” he said. Trivedi suggests buying for a target of Rs 12,500, with a stop loss at Rs 10,850.

MUTHOOT FINANCE
Change in OI in Aug Series: 2.20% Change in Price in Aug Series: 4.45%

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RATIONALE: Dhameja said the stock is well positioned to extend gains to Rs 3,450, while Rs 2,950 remains a critical stop loss, below which the breakout would lose its bullish bias. “The breakout follows multiple higher lows near the Rs 2,900 support zone, highlighting strong accumulation and improving demand dynamics. Price has also reclaimed the Rs 3,000 psychological mark, reinforcing the shift in short-term sentiment,” he said.

BEARISH BETS

LIC HOUSING FINANCE
Change in OI in Aug Series: 14.92% Change in Price in Aug Series: -3.32%

RATIONALE: The stock witnessed a bearish breakdown from the past two-and-a-half-month consolidation range, backed by higher volumes, said Globe Capital’s Kumar. “The breakdown was further supported by a significant rise in short positions,” he said. Kumar suggests initiating short positions on rallies around Rs 525-535, with a stop loss at Rs 548 and a target of Rs 490.

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UPL
Change in OI in Aug Series: 1% Change in Price in Aug Series: 0.66%

RATIONALE: Following June’s decline, recoveries in the recent past remained short-lived, said Trivedi. “In the July series, the stock remained under pressure and witnessed a short build-up, with futures open interest rising about 26% on an expiry-toexpiry basis, and rollover stood at 96%,” he said. Trivedi suggests traders sell for a target of Rs 555, with a stop loss at Rs 632.

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