Market is Turning Bearish

 



Top Gainer Intraday on 13-08-2024


S.NO

STOCK

OPEN

HIGH

CLOSE

% MOVE

POINT

1

AUROBINDO  PHARMA LTD

1466

1530

1506

4.40 %

64

2

DIXON TECHNO LTD

11837

12088

11970

2.13 %

252

3

APOLLO HOSPITAL

6538

6641

6600

1.48 %

96

4

DR.LALPATHLAB LTD

3224

3304

3215

1.82 %

59

5

DR.REDDY LABORATORIES

6901

6960

6940

1.21 %

83



Top Loser Intraday on  13-08-2024



S.NO

STOCK

OPEN

LOW

CLOSE

% MOVE

POINT

1

HDFC BANK LTD

2571

2513

2522

2.30 %

59

2

CHOLAMANDALAM

1355

1304

1303

3.74 %

50

3

BALKRISHNA INDUSTRIES

2865

2762

2790

3.66 %

104

4

BAJAJ FINANCE

6643

6454

6476

2.82 %

187

5

GRASIM INDUSTRIES

2572

2514

2522

2.30 %

59





Pre Market Report :As Per the environment created for the fall of stock market by Hindenburg is not reflecting in the market today market is opening sideways if market broke yesterday’s low it can fall.


Intraday momentum: Today again market is opening sideways and it has tested both upside and downside from last 5 days and today it is opening in short trading zone if momentum continues downside then a fall may come, market has entered in long trading zone in 2nd half and it has continue its momentum downside. Today bank nifty is more bearish than nifty, Bank nifty has touched low which was testing from last 5 days if tomorrow market open below that level then a fall may come.


Post market Report: My view is towards bear side let’s see what will happen tomorrow.



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