Bullish Stochastic Crossover: Dont miss the action in these 3 quality stocks on Monday
With BSE Sensex hardly 3 per cent away from its all-time highs, it has been a dream run for the bulls in 2022 given the geo-political tension.
With BSE Sensex hardly 3 per cent away from its all-time highs, it has been a dream run for the bulls in 2022 given the geo-political tension. This inflation-proof and war-proof market is throwing some stunning opportunities for investors who believe in the long-term potential of the Indian markets.
The week gone by was positive for several stocks with few stocks catching investors’ attention owing to the technical indicators turning bullish.
The below three quality stocks saw a bullish stochastic crossover signal:
1. Nesco: The shares of Nesco managed to close higher by nearly 8 per cent on Friday's trading session, thus catching investor's attention. What is interesting is the heavy volumes with which the shares of Nesco jumped higher on Friday. Nesco should be on your watchlist for Monday’s trading session.
2. GSPL: GSPL shares jumped higher by more than 6 per cent with decent volumes and hence should be kept on the watchlist for Monday. A bullish stochastic crossover also indicates bulls may look at GSPL positively.
3. Tube Investments: The shares of Tube Investments have been in focus ever since the company announced that it will be investing up to Rs 1000 crore for its 4 EV platforms. The shares of Tube Investments are making fresh all-time highs even as the gains in share prices are supported by heavy volumes.
Investors should keep a close eye on Tube Investments for the Monday trading session.