Stocks that were in focus include names like Tata Steel, which rose 3.12%, TVS Motor, which gained 5.86%, and DCM Shriram, whose shares fell 6.38% on Tuesday.

Revenue for the company fell 2 percent to Rs 2,780 crore year-on-year.

Several stocks, including Jamna Auto Industries, Avanti Feeds, CESCC, Container Corporation of India, Trident, KNR Constructions, DCM Shriram, Rain Industries and Cipla, surpassed their 200 Simple Moving Average on July 6, 2023, indicating a bullish momentum shift.

Natco Pharma has seen a big breakout of around six-week consolidation with strong volumes. The stock has also seen a crossover with 50-day EMA crossing the 200-day EMA in the week gone by, which is a positive sign.

Senior Technical & Derivatives analyst Kunal Shah at LKP Securities recommends smallcap stocks such as Natco Pharma, Swan Energy and DCM Shriram. He anticipates Nifty trading within 18,500-18,900. HDFC and HDFC Bank both remain bullish with strong support and may reach all-time highs. Shriram Finance and Credit Access Grameen experienced strong breakouts, with the latter having strong support for long positions around the Rs1,300-1,280 level. Nifty Metal declined following the Federal Reserve's comments regarding potential rate hikes, while the Nifty FMCG experienced profit booking, leading to bearish momentum.

Senior Technical & Derivatives analyst Kunal Shah at LKP Securities recommends smallcap stocks such as Natco Pharma, Swan Energy and DCM Shriram. He anticipates Nifty trading within 18,500-18,900. HDFC and HDFC Bank both remain bullish with strong support and may reach all-time highs. Shriram Finance and Credit Access Grameen experienced strong breakouts, with the latter having strong support for long positions around the Rs1,300-1,280 level. Nifty Metal declined following the Federal Reserve's comments regarding potential rate hikes, while the Nifty FMCG experienced profit booking, leading to bearish momentum.

ETMarkets has identified six Indian companies that have recently experienced a bullish MACD crossover, as identified by its advanced screener. A bullish crossover is when the MACD line, which is the 12-day exponential moving average of the stock price minus the 26-day exponential moving average, crosses above the signal line, being the nine-day exponential moving average of the MACD line. The companies are DCM Shriram, ICICI Securities, Natco Pharma, Harsha Engineers International, Shanthi Gears and Bharti Airtel. Investors seeking opportunities in the stock market can use the technical indicator to assess potential future price appreciation.