September 21, 2024

Before investing money in the stock market today, see this list


New Delhi : The domestic stock market fell for the second consecutive day on Thursday. On Thursday, the BSE Sensex closed at 60,613.70, down 419.85 points, or 0.69 per cent. At the same time, the Nifty of the National Stock Exchange also closed at 18,028.20, down 128.80 points, or 0.71 percent. Inflation figures have been released in the US on Thursday evening. Inflation in the US in October has been lower than expected. As soon as these figures were released, there was a huge rally in the US stock markets. Due to this, there can be a boom in the Indian market today. Let us know which stocks can remain in trend today.

There is a rise in these stocks
Momentum Indicator Moving Average Convergence Divergence (MACD) has shown a bullish trend on Narayana Hrudayalaya, VIP Clothing, Easy Trip Planners and Tilaknagar Industries. 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 Aurobindo Pharma, Power Grid, NHPC, Karur Vysya Bank and HFCL shares. This means that now these stocks have started declining.

Buying visible in these shares
The stocks which are seeing strong buying include Union Bank of India, Elecon, Craftsman Automation and Solar Industries. These stocks have crossed their 52-week high. This indicates a rise in these stocks.

Inflation in US: Big news about inflation in America, bumper boom in stock market, gold also took flight
There is selling pressure in these stocks
Stocks showing selling pressure include Aurobindo Pharma, Quess Corp, Gland Pharma, Policy Bazaar and Nippon Life AMC. 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.



Blog Source

Click here to Open Free Demat Account