Monday, 2 April 2018

These 228 stocks may be gearing up for a big rally, show MACD charts



Confused to take an investment call? Fret not, help is at hand. The MACD chart can at least show you the way. 


The bulls had a rollicking day yesterday, with benchmarks rallying up to 1 per cent. The BSE Sensex added 287 points, or 0.87 per cent at 33,255. The Nifty added 98 points, or 0.97 per cent, to shut shop at 10,212. Of the 50 scrips on the NSE index, 39 ended in the green. 

The chart reflected the mood. The momentum indicator moving average convergence divergence, more popularly known as MACD, signal led upward crossovers for 228 stocks on the NSE. 

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