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Stocks to Watch for May 20: BPCL, Mankind Pharma, Orkla India, PI Industries and more
BPCL profit slumps on exceptional loss, while Orkla India, Godawari Power and Karnataka Bank report strong earnings growth. PTC India’s profit declines sharply, and JSW Energy moves to raise its stake in Toshiba JSW. Here are the stocks to watch ahead of Wednesday’s trading session.
Lloyds Metals & Energy among 6 stocks flash bullish signals, indicating possible uptrend
Six Nifty500 stocks, including Lloyds Metals & Energy, Mankind Pharma and National Aluminium Company, formed a bullish White Marubozu pattern on February 25, signalling strong buying interest. The candlestick formation indicates sustained upward momentum, with traders viewing it as a potential early indicator of further price strength in the near term.
Trade Spotlight: How should you trade Ather Energy, Alembic Pharma, GMR Airports, Gujarat Fluorochemicals, Mankind Pharma, and others on July 1?
The market is likely to remain range-bound as long as it trades below the previous week's high. Below are some short-term trading ideas to consider.