Business Tips of the Day: Keep an eye on these stocks including Bank of India today, you can make money, know why there can be a boom – business tips today 20th March 2023 shares to watch adani enterprises adani power and adani wilmar
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There is a boom in these stocks
Momentum indicator moving average convergence divergence (MACD) is showing a bullish trend on Bank of India, Vedanta, HDFC Life Insurance, Hindustan Zinc and Aurobindo Pharma. MACD is known to signal trend reversals in traded securities or indices. When the MACD crosses the signal line, it indicates a bullish trend. This indicates that an upward movement can be seen in the share price. Similarly, it also indicates recession.
Signs of recession in these stocks
MACD signals bearish on Power Finance Corporation, Sonata Software, CCL Products, Ajanta Pharma and Isgec Heavy Engineering. This means that now these stocks have started to decline.
Buying visible in these stocks
The stocks which are seeing strong buying include NCC, Godrej Consumer, KPIT Technologies and Ramkrishna Forgings.
is included. The stock has crossed its 52-week high. This indicates an uptrend in the stock.
Investors broke down to buy this share of Gautam Adani, upper circuit seems to be in full swing, no one is ready to sell
There is selling pressure in these stocks
Stocks showing selling pressure included Biocon, Eris Lifesciences, Piramal Pharma, Pfizer, Motilal Oswal, Avanti Feeds and Vinati Organics. There is a lot of selling in these stocks. These stocks have registered a 52-week low. There is a bearish signal in these stocks.
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