Before investing money in the stock market, see which stocks will be in trend
There is a rise in these stocks
The Momentum Indicator Moving Average Convergence Divergence (MACD) has shown a bullish trend on Samvardhana Motherson, Brighcom Group, Aegis Logistics, Foods and Inns and Jubilant Ingrevia. 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 indicated a slowdown in the shares of ICICI Bank, Infosys, Tech Mahindra, Paisalo Digital and Granules India. This means that now these stocks have started declining.
Buying visible in these shares
The stocks which are seeing strong buying include PI Industries, Union Bank of India, Bank of Baroda, PNB and BLS International. 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 Indigo Paints, Divis Labs and Medplus Health. 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.
