There is an attempt to recover in the market. Nifty has improved by about 50 points from the lower levels and has crossed 22900. In such a situation, today we will tell you about such sectors and stocks which will make you earn profit in the market. So let's take a look at those stocks which can emerge as today's big stocks. Let's take a look at today's big stocks, which will be in action throughout the day.
ABB (GREEN) in focus
Anuj Singhal has kept ABB on his radar. He says that the December quarter results were excellent on every scale. EBITA is 17% higher than the estimate and profit is 15% higher than expected. Anuj Singhal said that the stock has slipped about 43% from the peak of 9150. The stock has the potential to become the hero of the day today. If the concall is positive today, the stock may move. Margin came at 19.5%.
Anuj Singhal said that NAVIN FLUORINE stock is a good candidate for pullback. The stock is seeing good buying at the support of 20 DEMA. Yesterday 60% more delivery volume was seen. OI is at a one-year low. Short covering was seen in futures yesterday.
Anuj Singhal said that good price action was seen in the cement sector. There was buying at the support of 20 WEMA. About 50% more delivery buying was seen yesterday. OI is at a quarterly low. Short covering was seen in futures.
Meanwhile, MORGAN STANLEY has said in its research report on the cement sector that the demand momentum may continue in the next few quarters. Good demand is likely to support price hikes. The outlook will remain constructive for the medium term. Margin growth is possible due to improvement in raw material costs. Select cement may do well in the short and medium term.
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