To earn profit, you can bet on these stocks including Castrol India, signs of boom are visible

In other Asian markets, Japan’s Nikkei, China’s Shanghai Composite and Hong Kong’s Hangseng closed with gains, while South Korea’s Cospi declined. Most of the European markets were trading with a fall. On Tuesday, the US markets also closed with a decline. Let us know which stocks can see a boom today.

Investors in this stock are becoming paupers, competition to sell stock after SEBI’s notice, continuous lower circuit

There is a boom in these stocks

Momentum Indicator Moving Average Convergence Divergence (MACD) is showing a bullish trend on Castrol India, ITC, IOC, JK Paper, JSW Energy and LIC. 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 RBL Bank, Arvind Ltd, Swan Energy, Dhani Services and Parag Milk Foods. This means that now these stocks have started to decline.

The stock of this company of Ratan Tata had fallen on its face, now there is a lot of loot to buy stock, the prices are increasing rapidly.

Buying visible in these stocks

The stocks which are seeing strong buying include Vodafone Idea, MMTC, Petronet LNG, R Systems and JM Financial. The stock has crossed its 52-week high. This indicates an uptrend in the stock.

There is selling pressure in these stocks

Stocks showing selling pressure included Redtape, GNA Axles, TCNS Clothing, Penta Gold and ASL Industries. 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.