Share Market Prediction: Today there are signs of boom in these stocks including Yes Bank and Central Bank, do not miss the opportunity to make profits – share market prediction yes bank and coal india may boom
There is a boom in these stocks
The momentum indicator moving average convergence divergence (MACD) is showing a bullish trend in the shares of Karur Vysya Bank, Coal India, Jubilant Pharmova, Vedant Fashions and Nureca. MACD is known to signal trend reversals in traded securities or indices. When the MACD crosses the signal line, it gives a bullish signal, indicating that the stock price is likely to witness an upward movement. Similarly, it also indicates recession.
Signs of recession in these stocks
MACD has given bearish signals on Union Bank of India, IDFC First Bank, Wipro, Mannapuram Finance and Jindal Steel & Power. This means that now these stocks have started to decline.
Buying visible in these stocks
The stocks which are seeing strong buying include Yes Bank, Punjab & Sind Bank, Central Bank, V-Guard and Tube Investments. These stocks have crossed their 52 week high. This indicates a bullish trend in these stocks.
There is selling pressure in this stock
The stock which is seeing selling pressure is Aurobindo Pharma. There is a lot of selling in this stock. The stock has registered a 52-week low. This is a bearish signal for this stock.
