Sensex rose 230 points. Adani Ports, Nalco, and NTPC saw price movements. Analyst Riyank Arora suggests buying opportunities. He recommends Adani Ports with a stop loss of 990. Nalco is a buy with a stop loss of 215. NTPC is also a buy, with a stop loss of 340.
Negative Breakout: These 8 stocks cross below their 200 DMAs
In the Nifty500 pack, eight stocks’ closing prices crossed below their 200 DMAs (Daily Moving Averages) on August 4, according to stockedge.com’s technical scan data.