Key Points
The Indian market closed in the red for the third consecutive day, with the S&P BSE Sensex falling over 200 points and the Nifty50 closing below 19600 levels..
Some stocks that performed well include Bombay Burmah Trading, Angel One, and Paytm, which hit fresh 52-week highs..
Analysts recommend buying Bombay Burmah for long-term investment, Angel One for a positional target of 2490, and Paytm with a stop loss at 948.ETMarkets.com..
Stocks that were in focus include names like Bombay Burmah Trading which was up 20%, Angel One was up more than 6% and Paytm was up nearly 2% to hit a fresh 52-week high..
The stock can be bought for a positional target of 2490 and a stop loss can be placed below Rs 2295.. Recently, Paytm has given a good rally since the low in August and has been resisting at the trend line near the 1,000 mark..
You might be interested in
Breakout Stocks: Eye on smallcaps! What should traders do with Ahluwalia Contracts & Nucleus Software on T
29, May, 23Sectorally, consumer durables, metal, realty, auto, and banks saw buying, while some selling was seen in oil & gas, and IT counters. Smallcap stocks that are in focus include names like Ahluwalia Contracts rallied over 10% to hit a fresh 52-week high and Nucleus Software closed with gains of 20% on Monday.
Breakout Stocks: How Medplus Health, Sheela Foam and NMDC Steel are looking on charts for Wednesday’s trad
18, Jul, 23Stocks that were in focus include names like Medplus Health Services which hit a fresh 52-week high, Sheela Foam rose more than 4% with strong volumes, and NMDC Steel closed with gains of nearly 4% to hit a fresh 52-week high.
Stock market today: Day trading guide for Nifty 50 to Sensex, nine stocks to buy or sell on Friday — 22nd March
22, Mar, 24Stocks to buy today: Nine buy or sell stock ideas by experts include Tube Investments, Godrej Consumer Products, Bata India, NALCO, HPCL, Motherson, Himatsingka Seide, ABB India, and LT Foods
Technical Breakout Stocks: How to trade Godfrey Phillips, PB Fintech and UCO Bank on Budget Day
31, Jan, 24Stocks that were in focus on Wednesday include names like Godfrey Phillips which was up nearly 10% to hit a fresh record high, PB Fintech which rose 10% to hit a fresh 52-week high and UCO Bank which closed with gains of over 6% on Wednesday
Breakout Stocks: How GMR Airport, APL Apollo and MTAR Technologies are looking on charts for Friday’s trad
24, Aug, 23Stocks that were in focus include names like GMR Airport Infrastructure, which was up more than 9% to hit a fresh 52-week high, APL Apollo Tubes, which rose more than 4%, and MTAR Technologies, which closed with gains of nearly 4% to a fresh high on Thursday.
Breakout Stocks: How BLS International, Hindustan Copper and IRFC are looking on charts for Tuesday’s trad
31, Jul, 23Sectorally, buying was seen in infrastructure, utilities, power, public sector and capital goods while selling was seen in FMCG and healthcare stocks. Stocks that were in focus on Monday include names like BLS International, which rallied more than 14% to hit a fresh 52-week high; Hindustan Copper, which gained over 10%, and IRFC that closed over 9% higher to hit a fresh 52-week high
Breakout Stocks: How Suzlon Energy, Aster DM and Tata Motors are looking on charts for Thursday
07, Jun, 23Indian stocks continued to rise as the S&P BSE Sensex gained over 350 points on Wednesday. The Nifty50 closed above 18700 levels, scaling to its first high since December 5, 2022. Telecom, utilities, metals, and capital goods sectors showed positive buying trends. Stocks that performed well include Suzlon Energy, Aster DM Healthcare, and Tata Motors - posting either a fresh 52-week high or a volume or price breakout.
Technical Breakout Stocks: How to trade IndiGo, Zomato and Thermax on Wednesday
26, Mar, 24Buying was seen in realty, capital goods, oil & gas, and public sector while IT, banks, and FMCG stocks saw some selling pressure
Breakout Stocks: How KIOCL, Exide Industries and Bharat Forge are looking on charts for Wednesday’s trade
01, Aug, 23Sector-wise, IT and telecom stocks witnessed heavy buying, while selling was seen in realty, infra, power and healthcare stocks. Stock-specific action was seen in KIOCL, which closed with gains of nearly 15% to hit a fresh 52-week high; Exide Industries that rose over 5%, and Bharat Forge that pared gains after hitting a 52-week high