You can invest money on these shares in the stock market today
There is a rise in these stocks
The Momentum Indicator Moving Average Convergence Divergence (MACD) has shown a bullish trend on Housing Development and Infrastructure, Zomato, City Union Bank, Mishra Dhatu and ITD Cementation. MACD is known to signal a trend reversal in the traded securities or index. When the MACD crosses the signal line, it gives a bullish signal, indicating that the stock price may see an upward move. Similarly, it also indicates bearishness.
Signs of bearishness in these stocks
MACD has given bearish signal in Tech India, Gokul Agro, Divis Labs, Aegis Logistics and Star Paper stocks. This means that now these stocks have started declining.
Buying visible in these shares
The stocks which are seeing strong buying are RVNL, BoB, Britannia, GE Shipping and SJVN. These stocks have crossed their 52-week high. This indicates a rise in these stocks.
There is selling pressure in these stocks
Stocks showing selling pressure include Voltas, Bandhan Bank, Medplus, Birlasoft and GSK Pharma. There is a lot of selling in these shares. These stocks have hit a 52-week low. This is a bearish sign for these stocks.
