60% of Nifty and 70% of Nifty500 stocks record ‘Death Cross’ on daily charts; a major selloff imminent? The Nifty50 might have turned negative for the year 2019, but almost 60% of the companies in the index are in a bear grip as they have registered formation of a ‘Death Cross’.
Apollo Tyres, Ceat, JK Tyre, MRF to get astrological support: Satish Gupta Satish Gupta of astrostocktips is of the view that tyre stocks like Apollo Tyres, Ceat, JK Tyre, MRF and Balkrishna Industries will get astrological support.
Nearly 30 stocks saw FY20 EPS downgrades in last 4 qtrs; time to exit? Most brokerage firms have downgraded EPS estimates for Nifty. There are as many as 28 stocks in BSE100 that saw FY20 EPS downgrades in the last four quarters