Stock Market Prediction: Today you can bet on these stocks including Adani Ports and Bandhan Bank to earn profits
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There is a boom in these stocks
The Momentum Indicator Moving Average Convergence Divergence (MACD) is showing a bullish trend on SBI, Adani Ports, Bandhan Bank, PFC and HDFC. 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 has indicated bearishness in the shares of Ashok Leyland, HCL, Astral, Mahindra CIE and Surya Roshni. This means that now these stocks have started to decline.
Buying visible in these stocks
The stocks which are seeing strong buying include Safari Industries, CG Power, KPIT Technologies, Sonata Software and Britannia. 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 Adani Gas, Adani Transmission, Adani Green and Tata Tele. 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.
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