Momentum indicator Moving Average Convergence Divergence (MACD) showed bullish trade setup on the counters of Torrent Pharma, Mindteck, Capacit’e Infraprojects, APL Apollo Tubes and La Opala. from Stocks-Markets-Economic Times https://ift.tt/3sHwST0 via Urmarketspy
IT sector should outperform Nifty50, materials to resume up-move in June series, says Deepak Gupta of Emkay
In the last three quarters, the sector has outperformed for 1-1.5 months preceding the quarterly results and then given up the gains post the results. The ratio chart of IT Index over Nifty is produced below and shows the seasonality in outperformance.
from Moneycontrol Latest News https://ift.tt/3uAS6PU
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from Moneycontrol Latest News https://ift.tt/3uAS6PU
via Urmarketspy
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