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Nw : Bets can be played on these stocks including Raymond and BHEL today, signs of boom are visible

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| Edited by Saurabh Dixit | economictimes.com | Up as much as now: 5 Dec 2022, 6: 00 am

Stock Market Prediction: Stock Exchanges saw a decline on last Friday. The Nifty had closed at a level of 18,696.10 amid the fall in the market. On the other hand, many stocks like Maruti, Nestle India, HDFC, Asian Paints etc. were in loss. Although before this there was a boom in the market.

Market was in loss due to weak trend and profit booking in global markets

New Delhi:

Share Market (Part Bazar) the situation of ups and downs remains. The rally in the stock market came to an end on Friday. During this, the BSE Sensex had lost about 416 points. The market was in losses due to a weak trend in global markets and profit-booking. On the other hand, the 30-share Sensex closed at 62,868.50 points, down 415.69 points, or 0.66 percent. At one point during the trading, it had broken up to 604.56 points. The Nifty of the National Stock Exchange (NSE) also closed at 18,696.10 points, down 116.40 points, or 0.62 percent. Mahindra & Mahindra, Hindustan Unilever, Maruti, Nestle India, HDFC, Asian Paints, Bajaj Finance and PowerGrid were major losers in the Sensex pack. On the other hand, Tata Steel, Dr Reddy’s, Tech Mahindra, IndusInd Bank and HCL Technologies were among the gainers. Let’s know which stocks can remain in trend today. There is a boom in these stocks

Momentum Indicator Moving Average Convergence Divergence (MACD) has turned bullish on Paytm, Sequent Scientific, Finolex Industries, Linde India, Zomato and Polycab India. Attitude has been shown. MACD is known to signal trend reversals in traded securities or indices. When the MACD crosses the signal line, it indicates a bullish trend. This indicates that an upward movement can be seen in the share price. Similarly, it also indicates recession.

Why Part Market Fall: The market has taken a U-turn, the rally has stopped since 8 days, will the process of decline start now?

Signs of recession in these stocksMACD (MACD) has given bearish signals on IIFL Finance, Central Bank, Crisil, Shriram Transport Finance, SCI and Endurance Technologies shares. This means that now these stocks have started to decline.() Buying seen in these stocks
Stocks in which strong The purchases being seen include Raymond, BHEL, JK Lakshmi Cement, APL Apollo Tube, Jyothy Labs, Ceat and Varun Beverages. These stocks have crossed their 52 week high. This gives a bullish signal for these stocks.

Stock market boomed for 7 consecutive days, even today Sensex-Nifty closed at all-time high, what are the signs ahead?

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