DSIJ Mindshare

The stocks to watch out on November 4 include Kansai Nerolac, NCC, Tata Power, IndiGo, and Tata Motors.

The following stocks will be in focus during Monday’s trading session in light of their results announcements: Escorts, Unichem Laboratories, Advanced Enzyme Technologies, Relaxo Footwears and BEML.

Along with robust volumes, the stock of Ipca Laboratories Limited has given a downward sloping trendline breakout on the daily time frame. Additionally, the stock had formed an opening bullish Marubozu candle on the breakout day, which added strength to the breakout.

Our Bollinger Band Squeeze scanner picked PVR limited, which indicates that the stock is near a consolidation breakout.

The stock of Mishra Dhatu Nigam Limited has given a symmetrical triangle breakout on the weekly time frame. This breakout was confirmed by the above 50-week average volumes.