Momentum Stocks

Momentum stocks help to find shares which have given breakout technically with strong fundamental performance. Helping viewers in wealth creation.

Stocks On Move :

Meghmani Finechem Ltd. share is in Bullish Momentum

Meghmani Finechem Ltd. (MFL) share price looks strong in its technical chart with strong trading volume. The stock completed its correction and formed a double bottom at the 1194 level, starting moving up with strong volume. On the daily chart, the Meghmani Finechem Limited share price closed above all its short-term moving averages (20 DMA and 50 DMA). The stock has been trading with strong volume for the last four days. Today, the trading volume closes above its long-term moving average. That signals a breakout in the stock from technical analysis.

Meghmani Organic Ltd.

Meghmani Organics Limited share is in Bullish Momentum

Meghmani Organics Limited (MOL) share price looks strong in its technical chart with strong trading volume. The stock completed its correction and formed a double bottom at 110 level, starting moving up with strong volume. Meghmani Organics Limited share has a strong support at 109 level on the daily chart. Looking at the daily chart, the share closed above all its short-term moving averages (20 DMA and 50 DMA).

hero Moto Co.

Hero MotoCorp Limited's share is in Bullish Momentum

Hero MotoCorp Limited (HEROMOTOCO) share price looks strong in its technical chart. The counter trading with strong volume growth above its long and short-term moving average over the last week ended on 24th June 2022. The stock price crossed above its previous swing price of 2626 with a strong volume. Hero MotoCorp share is trading above all its short and long-term moving averages (50 DMA, 200 DMA).

Polyplex Corporation Ltd. (Polyplex) share is in Bullish Momentum

Polyplex Corporation Ltd. share (Polyplex) is in bullish momentum and ready to move upward after completing its correction. The stock has strong support at the 1950 level on the daily and weekly charts. This counter can reach the level of 2300 to 2800 level in a short period, once closes above 2120 with strong volume. Buy at this level for the long term.

Nocil Ltd.

Nocil Ltd. share is in Bullish Momentum

Nocil Ltd. share is strongly moving up with volume. One can take interest in the stock as momentum stock trading. Nocil Ltd. share price came down with the broader market. On 21st June, the stock closed above its previous two days with strong volume. The stock was moving with a higher high over the last two months, despite weakness in the broader market.

Techno Electric & Engineering Co. Ltd.

Techno Electric Engineering (Technoe) share is in Bullish Momentum - Add in deep

Techno Electric & Engineering Company Limited is in bullish momentum and ready to move upward after completing its correction. The stock has strong support at the 235 level on the daily and weekly charts. This counter can reach the level of 280 to 300 level, once closes above 267 with strong volume.

Elgi Equipments

Elgi Equipments share is in Bullish Momentum

Elgi Equipments share is in a bullish momentum trading. On the daily chart, the script has formed a bullish flag pattern last week. On 17th June 2022, the stock closed at 390 level which is near its all-time high of around 422. The stock can reach this target in a short period. It  is an immediate target level. On the downside, .....

Elecon Engineering share is in Bullish Momentum

Elecon engineering share is in bullish momentum. On the daily chart, the script has formed a bullish flag pattern last week. The stock is trading above the 245 level for the last 5 days despite the downward trend in the broader market. Further, the stock is bouncing from 246 level on the daily chart and hence treated as a support level. The volume in the counter was recorded above its long and short moving average during last week.

Salasar Techno share is in Momentum

Salasar Techno share is in bullish momentum and ready to move upward after consolidation at a range of 240 to 250 levels. The stock has strong support at the 230 level on the daily chart. Salasar Techno has formed a “W” pattern and is trying to break its previous swing high. It is trading above the 250 level despite the downward trend in the broader market. The stock is ...

AIA Engineering Ltd.

AIA Engineering share is in Momentum

AIA Engineering (AIAENG) stock price witnessed a strong upward movement recently given the multi-year breakout. The stock price closes above its previous swing price of 2017 with a strong volume. Technically, the script formed a “W” pattern with higher high and higher low and given breakout at 2025 level and closed above it. Additionally, all ...

Momentum Stocks

Momentum stocks help to find shares which have given breakout technically with strong fundamental performance. Helping viewers in wealth creation.