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Stocks to buy: Hindalco, IndiGo, IB Housing among 80 stocks sending out weak signals on MACD charts


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NEW DELHI: As the domestic equity market halted the long rally and took a breather on Tuesday, at least 80 stocks from the broader market sent out sell signals on a key momentum indicator on the technical charts.
These stocks could be in for some more weakness in the coming days, suggests moving average convergence divergence, or MACD, charts.
The momentum indicator signalled bearish crossovers on these stocks, signalling bearish undertone. The list included shares of IDFC First Bank, Indiabulls Housing, Hindalco Industries, GMR Infra, TV18 Broadcast, Adani Transmission, Aurobindo Pharma and InterGlobe Aviation.
ETMarkets.com
J&K Bank, Equitas Holdings, ....

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