DSIJ Mindshare

Overnight Digest: Watch out for these stocks on Wednesday, November 24!
Yogesh Supekar
/ Categories: Trending, Mindshare

Overnight Digest: Watch out for these stocks on Wednesday, November 24!

The markets recovered from steep fall on Monday. The broader markets were seen outperforming the benchmark indices on Tuesday.

Price Volume Breakout: The shares of Raymond, HSIL, Glenmark Pharma, Triveni Turbine, Elgi Equipment, Gateway Distriparks, Vedanta, Spicejet, HFCL, Dishman Carbogen and BHEL were seen outperforming with a spurt in volumes. The price volume breakout in these trending BSE 500 shares may attract buyers in Wednesday trading session.

Deep Polymers: The shares of Deep Polymers gained by 5 per cent on Tuesday. In one month alone the shares of Deep Polymers have gained by more than 47 per cent. The shares of Deep Polymers closed at all time high on Tuesday with decent volumes. The stock is in clear up trend and should be watched out for in the Wednesday trading session.

Trident: The shares of Trident gained by ~5 per cent to close at all time high on Tuesday. The stock is up by more than 25 per cent in one month alone even as it closes at all time high. The shares of Trident were locked in the upper circuit on Tuesday. The positive momentum in the stocks can be expected to attract buyers in the counter in the Wednesday trading session.

Inflame Appliances: The shares of Inflame Appliances were closed in the upper circuit on Tuesday after witnessing some last-minute heavy buying into the counter. A bullish engulfing pattern was seen in Inflame Appliances indicating buying interest in the counter. Inflame Appliances shares will be closely monitored by the bulls in Wednesday trading session.

52-week high stocks: Bharti Airtel, Sundaram Clayton, Adani Green and P&G shares made a fresh 52 week high on Tuesday. These stocks will be in focus on Wednesday.

Upper Circuit Stocks: The shares of TTML, 3i Infotech, Lyka Labs, Brightcom Group, Poonawalla Fincorp and Jain Irrigation were locked in the upper circuit. These shares will be on watchlist of the investors in Wednesday trading session.

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