Around 21 stocks fell to touch their 52-week lows on NSE in Thursday’s session.

Among the stocks that touched their 52-week lows were Asian Hotels, Bhartiya International, GTL InfrastructureNSE 6.25 %, JVL Agro Industries and Nila Spaces.

Radha Madhav Corporation, SJVN and JITF Infralogistics also featured among the stocks that touched their 52-week lows on NSE.

On the other hand, AstraZeneca PharmaNSE -2.27 %, IndiaBil Energy Systems, Power Finance Corporation, Refex Industries and UPL were the stocks that hit their fresh 52-week highs today.

Domestic benchmark index NSE Nifty was trading 19.35 points up at 10,826 while the BSE Sensex was trading 77.63 points up at 35,983.06.

In the Nifty 50 index, Tata Motors, Vedanta , GAIL, Sun Pharma and Indian Oil Corp were among the top gainers on the NSE.

However, TCS, Hero MotoCorp, ONGC, Indiabulls Housing Finance and Axis Bank were among the top losers.

Stock Recommendations for March 4th-March 8th, 2019

The stock has given a sharp recovery from its multi-month support level of ~600 and has formed a bullish hammer candlestick pattern on the weekly chart.

It has also turned into the positive territory on the daily MACD Histogram, hinting positive momentum going into the next week.
Derivative data indicates fresh long positions in the stock.

Observation

The stock has given a bullish symmetrical triangle breakout on the daily chart, indicating continued upward momentum up to the 1850-mark.

It is also showing strength on the ADX Indicator, wherein the +DI line has crossed the 25-level and is trading above the DI & -DI line.

source:economictimes.indiatimes.com