Market off 6-month highs, but Axis Bank, Petronet and 15 other stocks showing bullish momentum
Market off 6-month highs, but Axis Bank, Petronet and 15 other stocks showing bullish momentum
NEW DELHI: As the benchmark equity indices witnessed profit taking in Tuesday’s trade from a six-month high, at least 17 stocks on NSE still showed strong bullish bias on the moving average convergence divergence, or MACD charts.
The momentum indicator signalled bullish crossovers — a sign of bullish undertone — on these counters, hinting at possible upsides in the days ahead. Many of these…
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