On Friday, the Nifty ended at marginally high and it formed a small hope on the daily chart. The index which is trading higher from 20 to 50 days is moving towards averages which is an important indication for short term according to Rajesh Palviya of Axis Securities. Here are few facts which will decide Monday’s Stake Market
- Stocks Signalling Weakness Ahead
The MACD showed lewed signal on the counters like-:
Zee Entertainment
Amberr Enterprises
Central Depository
United Breweries
Automotive Stampings
Finolex Industries
Mahamaya Steel Industries
Johnson Controls-Hit
IMP Powers.
- Friday’s Most Active Stocks
Here’s The most active stocks on Dalal Street on Friday in value terms are
Reliance Industrial Limted – Rs 6,361.42 crore
Bajaj Finance – Rs 1621.42 crore
Amber Enterprises India – Rs 1270.44 crore
Wipro – Rs 1231.15 crore
HDFC Bank – Rs 1126.16 crore
Maruti Suzuki – Rs 1002.29 crore
TCS – Rs 981.26 crore
SBI – Rs 968.99 crore
Tata Motors – Rs 939.76 crore
ICICI Bank – Rs 837.01 crore
- Friday’s Most Active Stocks in Volume Terms.
Vodafone Idea – 22.37 crore shares traded
YES Bank – 14.74 crore shares traded
Tata Motors – 6.51 crore shares traded
SBI- 4.85 crore shares traded.
Uttam Value Steel – 4.32 crore shares traded Wipro – 4.19 crore shares traded
Ashok Leyland – 2.86 crore shares traded SAIL – 2.77 crore shares traded
Reliance Industrial Limted – 2.74 crore shares traded
IDFC First Bank 2.73 crore
Stocks Seeing Buying interest -:
Max Healthcare Institute
Strides Shasun
NIIT Tech
SBI Card
Wipro
These stocks showed strong buying interest from market participants.
- Stocks Showing Bullish Bias
On Friday few stocks showed bullish trade setup such as
Grasim Industries
Dabur India
NCL Industries
InterGlobe Aviation
Sequent Scientific
SBI Life Insurance
Berger Paints, Aditya Birla Money
Andhra Cement
Century Enka
Goldiam International
Madhav Marbles
Onward Technologies
Celebrity Fashions
Bedmutha Industries
