Stocks showing a bullish bias

Momentum indicator Moving Average Convergence Divergence (MACD) on Monday showed a bullish trade setup on the counters of

Arihant Superstructures
Orbit Exports

The MACD is known for signaling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect ‘buy’ or ‘sell’ opportunity.

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