Adani Ports gained 5.9% during the week, whereas Nifty lost 1.5%. It continues its past three week trend and ending just 0.3% below its 200-DMA.
Chart Of The Day – Zee Entertainment gains 4.6% on 1.4x average volume to retake 50-DMA line
Zee Entertainment stock rose 4.6% today against the market trend on above-average volume. The stock ended above its 50-DMA for the first time since May 14.
Chart Of The Day – Bajaj Finserv rallied 2.9% today to retake its 50-DMA & 200-DMA
Bajaj Finserv rallied 2.9% today. The stock retook its 50-DMA & 200-DMA levels. Nifty witnessed a distribution day, increasing its count to two.
Chart Of The Day – GAIL India gained 2.8% today in an otherwise weak market
GAIL India gained 2.8% on heavy volume today to end its last four trading sessions losing streak. Nifty and sensex lost 1.0% and 0.8% respectively.
Chart Of The Week – Jet Airways surged 32.4% during the week on above-average volume
Jet Airways continues its rally for the third straight week, rallying 32.4% during the week on above-average volume. The news of Tata group showing interest to take over the firm has fueled the rally. The stock has given stellar return of 89% in the past seven weeks.
