Keep an eye on these stocks including BLS International Services to earn profit today, big signs of boom are visible
[ad_1]
Among the companies included in the Sensex, the stock of NTPC jumped by about four percent on the basis of positive quarterly results. Apart from this, there was a boom in the shares of Power Grid, Tech Mahindra, Tata Steel, TCS, Wipro, Maruti Suzuki and JSW Steel.
On the other hand, Bajaj Finance, Kotak Mahindra Bank, Hindustan Unilever, ITC, Bharti Airtel and Asian Paints were major losers. In other Asian markets, Kospi of South Korea, Nikkei of Japan, Shanghai Composite of China and Hangseng of Hong Kong closed with gains. Mixed trading was seen in the European markets. Last Friday, US markets closed with gains.
There is a boom in these stocks
Momentum Indicator Moving Average Convergence Divergence (MACD) is showing a bullish trend on IDFC First Bank, Ujjivan SFB, BEL, BLS International Services and CSC. 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
The MACD has indicated bearish on RVNL, UCO Bank, Equitas SFB, Samvardhana Motherson and DCB Bank. This means that now these stocks have started to decline.
Top Loser Stocks: These 5 stocks made the investors poor, the entire capital got cleared, note their names
Buying visible in these stocks
The stocks which are seeing strong buying include BEML, BLS International Services, Hindustan Copper and LT Foods. The stock has crossed its 52-week high. This indicates an uptrend in the stock.
There is selling pressure in these stocks
The stocks which are seeing selling pressure include UPL, JBF Industries, MOS Utility and Viji Finance. There is a lot of selling in these stocks. These stocks have registered a 52-week low. This is a bearish signal for these stocks.
[ad_2]
Source link
