Stock Market Prediction: Today you can bet on these stocks including Sun Pharma Advanced, big signs of boom are visible
There is a boom in these stocks
Momentum indicator moving average convergence divergence (MACD) is showing a bullish trend on Sun Pharma Advanced, Birlasoft, DCB Bank, Pricol and IRB Infrastructure. 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 in the shares of IDFC, M&M, NCC, Wipro and Balkrishna Industries. This means that now these stocks have started to decline.
Buying visible in these stocks
The stocks which are seeing strong buying include Archean Chemical, HG Infra, CG Power, Cera Sanitary and Sundaram. The stock has crossed its 52-week high. This indicates an uptrend in the stock.
There is selling pressure in these stocks
The stocks which are seeing selling pressure include Adani Transmission, Adani Green, Adani Gas, Pfizer and Indigo Paints. 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.
