Rattled by topsy-turvy moves of market, here are some stocks where buy-the-dip is likely to work!
small investors are getting nervous amid confidence, rattling news like hotter-than-expected inflation in the US.
You might have noticed that the Indian markets have been on a topsy-turvy ride. As a result of this, small investors, who have been the pied piper of the bull run, which we have witnessed in the Indian benchmark indices, the same small investors are getting nervous amid confidence, rattling news like hotter-than-expected inflation in the US.
Nifty made an all-time high of 18,604.45 in the month of October and thereafter, it witnessed a dip of nearly 5.33 per cent from its all-time high and this dip got anchored around the 50-DMA. And once again, the index is hovering close to its 50-DMA. Hence, we will look out for the stocks that are trading around the 50-DMA.
So, in this article, we will talk about the stocks that are trading near the 50-DMA as these stocks can be good buy-on-dips stocks.
Here is the list of the stocks:
Name of the stocks
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AARTIIND
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APLLTD
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ASIANPAINT
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AVANTIFEED
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BAJFINANCE
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CESC
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COCHINSHIP
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GNFC
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GSPL
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HEMIPROP
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HFCL
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INDUSTOWER
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INTELLECT
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IRCON
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KALPATPOWR
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KALYANKJIL
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MAHABANK
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MANAPPURAM
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PIDILITIND
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NESTLEIND
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NATIONALUM
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SBILIFE
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RAMCOCEM
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RHIM
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VOLTAS
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SRF
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UBL
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TATACONSUM
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SYNGENE
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VINATIORGA
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ZENSARTECH
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YESBANK
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