The Golden Crossover is a technical indicator that signals a potential shift in a stock's trend from bearish to bullish.

Profit after Tax after factoring in minorities, associates, and JVs recorded a significant upswing of 775 per cent, totalling Rs. 385 crores. The company's strategic partnerships are also contributing positively, as evidenced by an impressive 820 per cent YoY growth in the share of profit from Associates and JVs.

Shares of the company have gained more than 120 per cent in the last six months.

The stock has gained more than 35 per cent in the last one year. 

Indian equity market reacts positively towards the Budget 2023. 

Technically, the stock is quite bullish as it registered a breakout from its falling trendline on July 18 (Monday). It has soared over 12 per cent and recorded a huge volume.

CMI Limited is a micro-cap company engaged in the business of cable manufacturing. It includes a complete production cycle, right from the development, design, and manufacturing to the marketing & distribution of cables to larger companies.

The stock of Mahindra & Mahindra Financial Services Ltd jumped over 10 per cent in the last week. With this strong upmove, the stock has broken out of a nine-week consolidation and 33-week cup & handles-like pattern with a massive volume last week.  

It is an NBFC that provides total financial services for companies with projects across the energy value chain. It is a small-cap company with a market capitalisation of about Rs 1,000 crore.

Yash Pakka Limited is a manufacturer of paper and paper products. It has a market capitalisation of Rs 365 crore. Recently, the company reported strong growth in its March quarter and showed optimistic business opportunities.   

This small-cap pharmaceutical company is actively engaged in the manufacturing of veterinary APIs. It manufactures bulk drugs for top established companies.

With a market capitalisation of just Rs 334 crore, the company reported increased profits in the last three years and has higher than industry revenue growth.   

Interestingly, despite correcting over 20 per cent from the highs, the stock did not enter into the oversold region on RSI. Recently, it has seen a crossover of a nine-period average thereby, supporting the positive bias.

Our scanner identifies such stocks that have witnessed fallen volatility along with a higher chance to break Bollinger Band in either direction.  

The stock of Time Technoplast Limited has witnessed a stellar run in the short term as the shares have risen over 73 per cent in a matter of just 44 trading sessions.

The shares of Engineers India Ltd have zoomed over 5 per cent today and witnessed strong buying interest.

The company will be benefitted by utilising the proceeds of the restructuring for the repayment of the debt, Capex for composite cylinders (LPG/CNG/hydrogen), and core business in India to meet huge market demand as well as benefit the shareholders. 

The stock is seen buzzing on the bourses on Monday as it jumped over 10 per cent along with a huge spurt in the volumes. A huge spurt in the volumes indicates strong buying interest by the market participants.

Considering the fact that Nifty has witnessed a follow-through move after the breakout of descending triangle pattern along with the broad-based buying seen on Monday, we expect momentum to continue in the coming trading sessions. Hence, we have shortlisted a few stocks based on the T20 breakout system. So, here is the list of stocks

So, here is the list of stocks that have formed a bullish pro gap on December 23, 2021. Keep these stocks on your watchlist: 

One of the most important reasons for the popularity of candlestick charting is the pictorial representations of stock prices and the way the market information is displayed; so that, traders can use maximum information to his or her advantage.A bullish pro gap is a two-candle pattern wherein, the first candle is a red candle, which is followed by a green candle that opens within the red real body and closes over prior open.   

On Monday, the stock recorded double-digit gains along with a rise in volume. Volume for the day has so far crossed its previous day volume and it is greater than its 10-day as well as 30-day average volume, which indicates larger participation in the direction of the trend.

Looks like the Federal Bank is all set to zoom as it gave a bullish pennant breakout, indicating trend continuation. Read on to find out more.