These 100 stocks may crack any time now-Star India Market Research

-


As the domestic equity market slipped for the fourth straight session on Monday, momentum indicator Moving Average Convergence Divergence, or MACD, signalled downward crossovers for 100 stocks on the National Stock Exchange (NSE).

The NSE Nifty index closed the session 99 points, or 0.95 per cent, down at 10,358, while the BSE Sensex settled 300 points, or 0.88 per cent, down at 33,746.


Among the counters that witnessed bearish crossovers in Monday’s session were HindalcoBSE -0.78 %, NMDCBSE 1.10 %, Power Finance, Tata Power, Dish TV, BPL Ltd, National Aluminium and VedantaBSE 1.46 %.





Some of these counters have also been witnessing strong trading volumes in recent time, which adds further credibility to the emerging trend.




Other stocks that saw bearish crossovers include TRF, BLS International, Maithan Alloys, 20 Microns, Anant Raj and Simplex Infra.




MACD is a trend-following momentum indicator and is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the ‘signal’ line, is plotted on top of the MACD to reflect ‘buy’ or ‘sell’ opportunities.

When the MACD slips below the signal line, it gives a bearish signal, indicating that the price of the security may experience a downward movement, and vice-versa.


For More Information 

Give a Missed Call- 8817002233
Visit- https://www.starindiaresearch.com/freetrail.php


Comments

Post a Comment

Popular posts from this blog

STARINDIA Market Research Stock Cash | Call 8817002233

-
UPDATE:- NUCLEUS BUY ON FIREEEEEEEEEEEEEEEEE, KINDLY BOOK FULL PROFIT, OUR 2ND TGT- 469 ACHIEVED. To Get Free Trial in stock cash Trading Tips ·         Missed call  - 8817002233 ·          Mail Us - starindiamarket@gmail.com ·          Visit - https://www.starindiaresearch.com/stock-cash-premium-tips.php 
Read more

Daily Nifty News Letter

-
Outlook Of Nifty/bank nifty today Nifty:   Nifty Outlook Nifty traded on positive note today. Index surged up and made a high for the day. Nifty-50 futures took a gap up opening and touched a level of 11114. Midcap and small-cap counters gained and moved positive for the day and later profit booking seen. IT companies gained numbers and were seen positive for the day. In further trading session 11550 can be market resistance for index. Bank Nifty:   Bank Nifty Outlook Bank Nifty Index saw a positive note for today and gained around 100 points for the day, while the bulls dominated for the day. Private and PSU players performed well for the day and were seen gaining initially later profit booking was seen, SBIN Bank traded positive and gained for the day. Next, 27550 can be seen as major resistance for the index. Nifty Trends    R1 ...
Read more

Daily Nifty News Letter-Star India Market Research 3/27/2018

-
Image
Nifty traded on positive note today. Today’s session added positive numbers to the index. Nifty-50 futures managed to close above 10k level, Outlook Of Nifty/bank nifty today Nifty: Nifty Outlook Nifty traded on positive note today. Today’s session added positive numbers to the index. Nifty-50 futures managed to close above 10k level, Midcap counter saw gain and same was with small-cap counters too. Midcap index too gained and other stocks also moved positive for the day. In further trading session 10250 can be market resistance for index. Bank Nifty: Bank Nifty Outlook Bank Nifty Index saw a positive note for today and trading in range for the day, while the bull’s head was high for the day. Private players performed well for the day, YES bank gained and traded positive for the day, PSU bank were also seen gaining for the day. Next, 24500 can be seen as major resistance for the index. Technical Outlook Top Gainers ...
Read more