Five stocks with buying interest
Five stocks with buying interest

Five stocks with buying interest

DSIJ Intelligence Article rating: 3.2

The market opened in green on August 24, 2020, overall volumes in futures & options currently stand at 1,25,46,616 crore contracts with a turnover of Rs. 8,85,496.25 crore.

USFDA approves Ramelteon tablets; Granules India surges
USFDA approves Ramelteon tablets; Granules India surges

USFDA approves Ramelteon tablets; Granules India surges

Amir Shaikh Article rating: 5.0

Granules India informed the bourses on Saturday that United States Food & Drug Administration (USFDA) has approved the abbreviated new drug application (ANDA) filed by its wholly-owned foreign subsidiary, Granules Pharmaceuticals, Inc (GPI) for Ramelteon tablets, 8 mg

Five stocks with selling interest
Five stocks with selling interest

Five stocks with selling interest

DSIJ Intelligence Article rating: 4.1

The market opened in green on August 24, 2020, overall volumes in futures & options currently stand at 1,25,46,616 crore contracts with a turnover of Rs. 8,85,496.25 crore.

State-run banks may need Rs 1.9-2.1 lakh crore of capital infusion: Moodys
State-run banks may need Rs 1.9-2.1 lakh crore of capital infusion: Moodys

State-run banks may need Rs 1.9-2.1 lakh crore of capital infusion: Moodys

Amir Shaikh Article rating: 5.0

Global rating agency in its latest report stated that in order to restore loss-absorbing buffers due to the COVID-19 hit, India’s state-run banks may need Rs 1.90 to 2.10 lakh crore of external capital over the next two years

Jindal Poly Films forms dark cloud cover pattern
Jindal Poly Films forms dark cloud cover pattern

Jindal Poly Films forms dark cloud cover pattern

Vinayak Gangule Article rating: 2.9

Currently, the stock has formed a ‘dark cloud cover’ candlestick pattern on the daily timeframe, which suggests that the bears have put their foot in the door.

NIIT Limited gives trendline breakout
NIIT Limited gives trendline breakout

NIIT Limited gives trendline breakout

Vinayak Gangule Article rating: 3.9

The stock of NIIT Limited has given a downward sloping trendline breakout on the weekly timeframe, formed by connecting swing highs from April 2018. The breakout was supported by the above 50-week average volumes.

Index trend and stocks in action on August 24, 2020
Index trend and stocks in action on August 24, 2020

Index trend and stocks in action on August 24, 2020

DSIJ Intelligence-3 Article rating: 5.0

Traders are advised to stay neutral but for those who are already holding long positions, keep 21-EMA as a trailing stop-loss. Aggressive traders are recommended to create long positions on a decisive breach of 11,410. Stocks in news: VA Tech Wabag Ltd, Granules, ICICI Lombard General Insurance Company.

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