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6 auto, cement stocks you can bet on as they unveil their September sales

Bajaj Auto and Heidelberg Cement are showing a firm positive sentiment

Topics
Buzzing stocks | Bajaj Auto sales | Tractors sales

Avdhut Bagkar  |  Mumbai 

Escorts Ltd (ESCORTS): The recent upside clearly indicates the strength that absorbed selling pressure above the resistance zone of Rs 1,280 levels. A high of Rs 1,342 on September 30 reflects the positive momentum staying strong above Rs 1,300 levels.

The stock is trading above the support of 50-days moving average (DMA), currently placed at Rs 1,169 levels. The overall trend suggests that the counter is moving in the direction of Rs 1,400 and Rs 1,550 levels in the days ahead. CLICK HERE FOR THE CHART Bajaj Auto Limited (BAJAJ-AUTO): With a positive crossover of 100-DMA with 200-DMA, ...

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First Published: Thu, October 01 2020. 11:28 IST
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