NDTV Receives 'Sell' Call from MarketsMOJO, But Stock Shows Potential

Jan 05 2024 06:13 PM IST
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NDTV, a smallcap company in the TV broadcasting and software industry, has received a 'Sell' call from MarketsMojo. The stock's performance has been in line with the sector, but has fallen after two days of consecutive gains. Despite trading higher than its moving averages, NDTV's recent trend reversal and underperformance compared to the Sensex may have led to the 'Sell' call. Investors should conduct their own research before making any decisions.

New Delhi Television (NDTV), a smallcap company in the TV broadcasting and software industry, has been given a 'Sell' call by MarketsMOJO. The stock's performance today has been in line with the sector, but it has fallen after two days of consecutive gains.

NDTV is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, its 1-day performance is -0.27%, while the Sensex has seen a 0.25% increase. In the past month, NDTV has outperformed the Sensex with a 5.48% increase compared to the Sensex's 3.94% increase.

MarketsMOJO's 'Sell' call may be attributed to the stock's recent trend reversal and its underperformance compared to the Sensex. However, it is important to note that this is just one opinion and investors should conduct their own research before making any investment decisions. NDTV's current performance and moving averages suggest that it may be a stock worth keeping an eye on in the future.
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