In the Nifty500 pack, we have collated a list of five stocks that witnessed a 5-year swing high at the close on July 13, suggesting bullishness in counters, according to stockedge.com's technical scan data. Take a look.A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a significant resistance point where the price has historically struggled to go beyond. This occurrence may be seen as a bullish sign, indicating the potential for further upward movement in the stock.However, it's worth noting that this is different from a 5-year breakout, which occurs when a stock's price surpasses a key resistance level that has held for five years or longer.

GIFT Nifty on the NSE IX traded 15 points, or 0.08 per cent, lower at 19,543, signaling that Dalal Street was headed for muted start on Friday. Here's a slew of stocks that will be in focus today for various reasons.

In the Nifty500 pack, five stocks crossed above their 200 DMAs (Daily Moving Averages) on July 13, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. Take a look:

In the NSE list of stocks, 10 stocks with a market cap of over Rs 1000 crore are witnessing Golden Crossovers, according to stockedge.com's technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside. These stocks' 50-day simple moving averages (SMA) crossed their 200-day SMAs on July 13.

Benchmark indices touched new highs on Thursday, but ended the session with slight gains after a global rally. Zomato rose by 6.9%, Infosys gained 2.39%, and PNB fell nearly 4%. Kotak Securities' Amol Athawale recommends buying Zomato and Infosys. PNB is deemed a good buy on dips.

On the candlestick screener, a bullish reversal pattern helps identify stocks that can move into an uptrend from a downward zone. Here are 3 stocks that have established an Inverted Hammer pattern and hint at a bullish reversal. (Source: StockEdge)

Bearish reversal scans on the candlestick screener help ascertain stocks which can slip downward from an uptrend zone. Here is a list of 8 top stocks that have established a Shooting Star pattern and are now signalling a bearish reversal. Note, the data is from the previous trading session i.e. July 13. (Source: StockEdge)

On an average, about 2.12 million new SIP accounts per month were opened over the past 12 months taking the cumulative addition to 26 million.

The stock last traded at $124.73 and was on track for its biggest one-day percentage gain since early February when it announced the product. The shares also hit their highest point since mid-June during the session.

MSCI's broadest index of Asia-Pacific shares outside Japan rallied 0.7% on Friday to put it on track for a 5.4% weekly advance, the biggest for eight months. Hong Kong's Hang Seng gained 0.52% and mainland Chinese blue chips added 0.12%. South Korea's Kospi jumped 1%. Japan's Nikkei, though, was a notable outlier, flipping early gains to be last down 0.43% as it struggles to find its feet following its retreat from a 33-year peak reached at the start of this month.

US stocks rose on Thursday, helped by a record closing high in an index of technology-focused shares and news of falling producer inflation. The Nasdaq rose more than 1% for a second consecutive day. Annual producer inflation in America increased at its smallest rate for almost three years, providing evidence of easing inflation pressures. The consumer price index released on Wednesday also showed a decrease in annual US consumer prices, which is likely to back forecasts that the Federal Reserve will stop hiking rates. Market focus is shifting to the second-quarter US earnings season.

Angel One's consolidated net profit rose 22% to Rs 221 crore for the quarter ended June. Revenue from operations for the first quarter were at Rs 807 crore, up 18% year-on-year.

Option data suggests a broader trading range in between 19100 to 19700 zones while an immediate trading range in between 19250 to 19550 zones.

The offshore bondholders of CDPQ and the Canadian pension fund Ontario Municipal Employees Retirement System (OMER) backed Azure have appointed Akin Gump Strauss Hauer & Feld as their advisor over concerns of technical default triggered by the delisting of stock, as reported by ET on July 6.

"The guarantee has been approved by the department of financial services (DFS) earlier this week. It is now expected that NARCL will complete the take over of SPML debt by next week, the first takeover by the bad bank in more than three months," said a person aware of the process.

Leading equity benchmarks surged 1% in Thursday's trading amid a global 'risk-on' rally, with the Sensex crossing 66,000 for the first time and the Nifty rising past 19,550. However, a sell-off in the last hour of trade saw indices pare most of their gains after hotter-than-expected domestic inflation got local investors anxious.

Sandeep Das, the India head of private banking clients at Barclays, is set to join Centrum Group as head of its wealth management subsidiary, Centrum Wealth, amid a top-deck reshuffle. Das, who has over three decades' experience, will fill a leadership void left by the removal of two managing directors last year due to "loss of confidence".

The structure proposed by NARCL envisaged the creation of two trusts one of which is to exclusively deal with payments to State Bank of India (SBI) because the country's largest lender had exclusive security over some assets of Dharani.

Notably unsecured consumption-led products have risen a compounded annual growth rate (CAGR) of 47% from the quarter ending March 2021 to March 2023 and credit card delinquencies rose 66 bps ( one bps is 0.01 percent) year-on-year in the March 2023 quarter to 2.94 percent.

The domestic brokerage believes the Nifty's lifetime highs have reinforced the uptrend in Indian equities and expects Indian equities to outperform other emerging and developed markets over the next few years.

Promoter ML Mittal has told State Bank of India, Exim Bank, Union Bank of India and Bank of Baroda that the company will buy out the lenders' CCPS ahead of the deadline.

Shares of TCS, Infosys, Tech Mahindra, Wipro, LTIMindtree, Persistent Systems, and L&T Technology Services ended 1-3% higher on the NSE, while the Nifty IT index ended nearly 2% higher.

US brokerage JP Morgan maintained its 'underweight' rating on TCS and cut the price target citing rich valuations at a time the IT giant reported its slowest June quarter ever.

The two stocks outperformed their new-age peers Delhivery, One 97 Communications (Paytm), FSN Ecommerce (Nykaa), and CarTrade Tech, which were trading off their yearly highs.

The stock largely remained flat in the last 6 months but picked up momentum in June, in line with the price action seen in benchmark indices. In terms of price action, the stock is trading well above most of the short- and long-term moving averages of 5,10,30,50,100 and 200-DMA on the daily charts, which is a positive sign for the bulls.

During the previous session, the Nasdaq and the S&P 500 closed at over a year's high, with megacap stocks leading gains after the CPI report showed consumer prices registered their smallest annual increase in more than two years.

Softer inflation data from the US prompted Indian equities to notch another fresh all-time high intraday. Sensex breached the historic 66,000-mark for the first time following a rally in global markets amid moderating US inflation data. Buying in market heavyweight stocks Infosys, ICICI Bank and Tata Consultancy Services also helped markets settle in the positive territory.Nifty touched 19,567 levels led by strong gains in the IT pack.“Nifty jumped to an all time higher zone; however after hitting high at 19566, it failed to cling on to higher levels and erased most of early gains. Markets are likely to remain choppy, Nifty's recent trading band of 19200-19500 remains intact. Yet again, Bank Nifty failed to sustain above levels of 45000 and has formed a large bearish candle; inability to hold current levels could drag the Bank Nifty till 44400-44200 zone,” Amit Trivedi, CMT, Technical Analyst - Institutional Equities, YES SECURITIES, said.Here are the stock recommendations for Friday:

Global stock markets hit new highs on Thursday, buoyed by bets that the Federal Reserve would pause its tightening campaign after this month on softening inflation. Interest rate futures showed that investors have fully priced in another rate hike from the Federal Open Market Committee

Using the ET Mutual Funds screener, ETMarkets has discovered the top ten hybrid mutual funds that achieved a growth of more than 20% in the past year. Our evaluation focused on funds with a market value of over Rs 500 crore and a minimum 4-star rating on the screener. Hybrid funds aim to manage risk and maximize investment returns by investing in both equity and debt. The tax treatment for equity-oriented hybrid schemes resembles that of equity schemes, whereas debt-oriented hybrid schemes are taxed similarly to debt schemes. (Data Source: ACE MF)

The regulator clarified that "average of absolute value of profit or loss is required to be considered by disregarding the 'sign' (positive or negative) that denotes such value as the said value is required only for determining the threshold for 'materiality' of the event and not for any commercial consideration"

On Thursday, the benchmark index Sensex went up by about 165 points and reached a high level of 65,558. What's exciting is that 7 stocks on the BSE healthcare index also reached new high levels in the past 52 weeks. This is significant for traders and investors because the 52-week high is an important way to evaluate a stock's current value and predict its future price changes. It represents the highest price at which a stock has been trading last year, which adds an interesting aspect to the market. According to Trendlyne data, all seven healthcare stocks exhibit more strengths than weaknesses

The regulator clarified that "average of absolute value of profit or loss is required to be considered by disregarding the 'sign' (positive or negative) that denotes such value as the said value is required only for determining the threshold for 'materiality' of the event and not for any commercial consideration"

Producer prices data have provided further evidence of inflation cooling in the world's largest economy, stoking hopes that the Federal Reserve will soon end its monetary policy tightening

The total offer size will just be the base offer size, which is 7% stake the promoters initially planned to sell

Adani Enterprises crossed its 20-day SMA, moving from 2392.57 to 2387.9 on July 12. Adani Enterprises is a diversified conglomerate with interests in various sectors, including energy, logistics, infrastructure, and agribusiness

That fundraising was 140 basis points above the prevailing government bond yields at the time. The current bond issue is at a spread of nearly 300 basis points over the comparable government bond yield. But unlike government bonds where interest is paid on a semi-annual basis, Adani bonds carry annual interest

The Golden Crossover is a bullish technical pattern that occurs when a shorter-term moving average (such as the 50-day Simple Moving Average or SMA) crosses above a longer-term moving average (such as the 200-day SMA). This event indicates a potential shift in momentum from bearish to bullish, suggesting an upward trend in stock prices. The crossover is considered "golden" due to its positive implications for investors

Nifty is likely to consolidate in the range of 19,300 – 19,570 and until this range is decisively breached on either side we can expect the sideways price action to continue. Overall, the trend is positive, and Nifty is undergoing time-wise correction. The crucial support zone stands at 19,360 – 19,320 while the resistance zone is placed at 19,550 – 19,570

Using the ET Mutual Funds screener, ETMarkets has discovered the top ten hybrid mutual funds that achieved a growth of more than 20% in the past year. Our evaluation focused on funds with a market value of over Rs 500 crore and a minimum 4-star rating on the screener. Hybrid funds aim to manage risk and maximize investment returns by investing in both equity and debt. The tax treatment for equity-oriented hybrid schemes resembles that of equity schemes, whereas debt-oriented hybrid schemes are taxed similarly to debt schemes. (Data Source: ACE MF)

By assessing the RSI trend, investors can understand whether a stock's upward or downward movement is gaining or losing strength. A rising RSI indicates increasing momentum and suggests that the stock's price is likely to continue its upward trend

Zomato, which has been in a downtrend since November 2021, recently showed signs of a potential reversal. The stock has been consolidating within a wide range of 75-50, with higher volume participation during the lowest points.

Analyzing the trend of RSI provides insights into the strength and direction of stock prices. A bearish or declining RSI trend in the overbought zone indicates potential weakening momentum and a higher probability of a price reversal. It suggests that the stock's price may undergo a correction or enter a consolidation phase, providing cautionary signals to investors

Several BSE SmallCap stocks reached new 52-week highs on July 13, including Ashiana Housing, Birlasoft, CCL Products, CMS Info Systems, Craftsman Automation, Datamatics Global Services, Data Patterns, and DB Corp. Ashiana Housing is a residential and commercial real estate developer, while Birlasoft is an IT company that offers digital solutions.

On July 12, 2023, several stocks have crossed their 50-day Simple Moving Average (SMA), indicating positive momentum and potential for further growth. These include IT services provider Sonata Software, Railway consultancy firm Rites, plumbing systems manufacturer Astral, consumer goods company

Several Indian companies, including Asian Star Company, NMDC, Vedant Fashions, Dwarikesh Sugar Industries, Sagar Cements, SpiceJet, Indian Railway Catering And Tourism Corporation and Finolex Industries, crossed their 100-day Simple Moving Average (SMA) on July 12, signifying a potential shift in the market sentiment. Experts closely monitor the 100-day SMA, which represents a stock's average closing price over the past 100 days, for signs of bullish momentum.

JFS will be added to the FTSE All-World index with a share issue of 6,765,591,509 and an investability weighting of 49.66%. RIL will remain in the index with an unchanged investability weighting of 49.66%, FTSE said.

Closing Bell: Sensex resumes rally after 1-day break, ends 165 pts higher; Nifty above 19,400; Tanla Platforms surges 6%, Federal Bank tanks 5%

The market breadth was skewed in the favour of the bears. About 2,116 stocks declined, 1,333 gained, and 139 remained unchanged on the BSE.

Here are 4 midcap banking counters that are in the overbought zone, based on Stochastic Oscillator. Note, when the stochastic measurement is above 80, it indicates that an asset is overbought, while when it is below 20, it suggests that it is oversold. Here the data is based on the previous trading day i.e. July 12, 2024. (Source: StockEdge)

The previous 1,000-point milestone from 64,000 to 65,000 was achieved in just 3 trading sessions. The two peaks of 63,000 and 64,000 had taken 278 days and 144 days, respectively.