Trending Stocks: Stock Markets In Losses.. This Is The Trending Stock Today.. If You Invest In It..

Trending Stocks: Domestic stock market indices are losing amid mixed signals internationally. It is known that American markets also fell in the previous session. Most ended up flat. The same effect is seen on the domestic indexes as well. The tech sector is the most affected. However, despite falling markets, investors are eyeing some quality mid-cap stocks. Purchases are seen in these. In this background, one stock has become the top trending in today’s session. Same as MOIL Limited. Nse Code: MOIL. The stock jumped at the beginning of Tuesday’s session. At one stage it increased by more than 5 percent and is currently continuing at Rs.175 levels with a gain of 4 percent.

In terms of technical parameters, this stock has good volumes. Experts say that there are signs of increase in the coming sessions as well. Looking at the 22 week consolidation pattern there are strong price volumes. Trading above all moving averages. 14 day RSI is also in good bullish zone at 63.87. OBV indicates buying sentiment.

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Experts suggest that this stock should be added to the watchlist. It is said that there is a possibility of increase in the coming sessions. The market capitalization of this company is Rs.3500 crores.

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The domestic stock market indices, which rose heavily in Monday’s session, are falling today. The Sensex is currently trading at 60,240, down 500 points. Nifty lost 150 points to trade at 17,950. IT and banking sectors are falling the most. While Tata Motors, Power Grid Corporation, Apollo Hospitals, Hindalco, Divi’s Labs excelled, Bharti Airtel, Adani Enterprises, Eicher Motors, Hero MotoCorp and SBI fell.

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This article is contributed by Dalal Street Investment Journal, India’s No. 1 investment magazine. To get regular updates on winning stocks, recommendations Dalal Street Investment Click on the link.

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