Saregama India Ltd : The Saregama India Ltd recently witnessed a sharp bullish turnaround, breaking out from its prior downtrend. The stock closed at ₹415.75, surging 8.12% in its latest trading session on high trading volume and 15.15% weekly gains. The recent massive rally has pushed the stock price back above almost all of its short-to-medium-term exponential moving averages. The MACD line has generated a fresh bullish cross over. But Daily RSI 14 is above 70 levels in the overbought zone. NLC India Ltd : NLC India Ltd is in a powerful, high-momentum uptrend, hitting a fresh 52-week high of ₹375.20 following blockbuster Q4 earnings where net profit surged 2.9x. After its massive single-day spike of over 14%, the stock experienced light profit-booking to close the week at ₹354.00. The stock trading significantly above all its major short, medium, and long-term moving average. The daily RSI 14 on daily chart is at 65.91 after a correction in stock from the overbought territory. The MACD line stands at 15.8, well above both its center line and its signal line (13.6). This establishes a strong, textbook bullish expansion signal.

NLCINDIA

SAREGAMA

#PsychologyofMoney#TechnicalViews#WatchOutFor#StockInNews#EquityResearch

1,197 likes·68 comments