Overnight Digest: Keep a watch on these stocks for October 26

On Monday, equity markets settled  on a flat note in a volatile trading session, taking a breather after the recent fall. The benchmark indices failed to hold the gains and started drifting lower as the session continued. 

At close, the Sensex was up 145.43 points or 0.24 per cent at 60967.05 level, and the Nifty was up 10.50 points or 0.06 per cent at 18125.40 level. About 971 shares have advanced, 2276 shares declined, and 174 shares are unchanged.

Among the sectors, except bank, all other sectoral indices ended in the red with auto, FMCG, IT and realty indices were down 1-2 percent. BSE Midcap and Smallcap indices fell over 1 per cent each.

These stocks ar likely to be on watchlist for Tuesday's trading session -

Bullish Moving Average: Godfrey Philips, Blue Star, Mind Industries and SBI cards made a bullish moving average crossover on Monday. These stocks will be viewed positively by the traders and investors.  

Bullish MACD Crossover : KEC International, Adani Transmission, RBL Bank and IFB industries made a bullish MACD Crossover on Monday. A bullish MACD Crossover indicates the underlying bullish sentiment in the stocks mentioned. These stocks will be in focus in Tuesday’s trading session.  

Marubozu Candlestick formation: Netlink, Tiger Logistics, Polychemplast Machines, Wonder Firbromats and 3i Infotech displayed a marubozu candlestick formation on Monday. This indicates a bullish undertone for the mentioned stocks as the closing happened at the day’s high. These stocks will be in focus on Tuesday.  

Jindal Capital : A bullish engulfing pattern was seen in the shares of Jindal Capital on Monday. A bullish engulfing pattern reflects optimism in the counter. The shares of Jindal Capital will be in focus in Tuesday trading session.