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At the current juncture, the price action in Container Corporation of India is above William alligator (trend following indicator) which is echoing towards further upside in the counter.
Jubilant Pharmova shares rallied nearly 6 percent to Rs 342 and formed bullish candlestick pattern with long upper and lower shadows on the daily timeframe, with strong volumes. The stock has been making higher tops, higher bottoms for the second consecutive session.
Brokerages underscore that under its new strategy of moving towards an asset-light model, Lemon Tree Hotels has expanded the number of managed hotels.
The market is witnessing positive momentum however, the short term outlook remains hazy. Analysts recommend following a stock-specific approach in this market. Based on the recommendations of several analysts, here are six stocks that look attractive on technical charts. Take a look.
Recently Wipro has seen bullish divergence on a daily scale, the price was making lower lows, but RSI (relative strength index) was making higher lows.