Business Tips of the Day: Today you can bet on these shares including HG Infra, all signs of boom are visible – business tips today 12th may 2023 shares to watch gcpl and quess corp
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Larsen & Toubro (L&T) was the biggest loser in the Sensex pack, losing more than five per cent. Shares of ITC, Bharti Airtel, Reliance Industries, Infosys, Tata Steel, Tech Mahindra and Tata Consultancy Services also declined. Hindustan Unilever, NTPC, IndusInd Bank, UltraTech Cement and Maruti were also among the gainers. Let’s see which stocks can bounce today.
Which stocks will remain volatile
According to the Momentum Indicator Moving Average Convergence Divergence (MACD), Zee Entertainment, GCPL, Quess Corp, HG Infra and Sanofi India may see a boom on Friday. On the other hand, ITC, Hindalco, L&T, NHPC and Aditya Birla Capital may decline. Explain that MACD is known for indicating 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.
Strong buying seen in these stocks
The stocks which are witnessing strong buying by investors include Ratnamani Metals Cyient, KEI Industries, HG Infra, Siemens and Glenmark Pharma. At the same time, selling pressure is being seen in many stocks. Stocks under selling pressure include Vikas Multicorp, Paisalo Digital and BEML Land Assets.
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Do talk to a financial advisor
It is not right to invest in the stock market without knowledge. Before investing in the shares of any company, do talk to your financial advisor once. If you do not do this, you may have to suffer financially.
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