Stocks to Watch: Buy Suzlon Energy, APL Apollo, and Force Motors Amid Market Volatility Indian equity benchmark indices experienced profit booking and closed lower on Thursday as ceasefire optimism waned and crude oil prices climbed, intensifying inflation concerns in the market. Traders are anticipated to focus on upcoming Q4 earnings reports. The BSE Sensex dropped 931.25 points, or 1.20 percent, to conclude at 76,631.65, while the NSE's Nifty50 fell 222.25 points, or 0.93 percent, ending at 23,775.10 for the day. Among the stocks under scrutiny, Force Motors Ltd, APL Apollo Tubes Ltd, and Suzlon Energy Ltd are expected to remain central to traders' attention. Vishnu Kant Upadhyay, AVP of Research at Master Capital Services, provided insights into these stocks ahead of Friday's trading session. Suzlon Energy is showing strong signs of a bullish reversal after a prolonged downtrend, having consolidated near a key horizontal support zone. The stock recently broke out of this base, supported by a surge in trading volume, which indicates renewed buying interest. A textbook island reversal pattern has formed, reinforcing the shift in trend sentiment. The price structure has improved with higher highs and higher lows, while the gradual recovery of key moving averages and supportive momentum indicators suggest potential for sustained upward movement in the near term. Force Motors is exhibiting a robust bullish setup, having decisively broken out of a declining channel, signaling the continuation of a broader uptrend. The stock maintains a structure of higher highs and higher lows on the larger time frame, reflecting sustained buying interest. It is currently trading above all its key moving averages, with positive EMA alignment reinforcing trend strength.#apl_apollo #suzlon_energy #force_motors #master_capital_services #vishnu_kant_upadhyay
Momentum Stocks: Onyx Biotec, New India Assurance Rally; Info Edge, APL Apollo See Negative Breakdowns April 10, 2026 marked a pivotal day in the stock market as technical indicators drove significant price movements across various equities. The market’s behavior was characterized by divergent trends, with some stocks breaking above key moving averages to signal strengthening momentum, while others slipped below critical levels, reflecting weakening sentiment. This dynamic underscores the importance of technical analysis in shaping investor decisions and market direction. Among the notable positive breakouts, Onyx Biotec surged 13.33 percent to Rs 38.00, crossing above its 30-day and 50-day moving averages. This move indicates a shift in investor sentiment, with traders interpreting the breakout as a sign of improved near-term prospects. Similarly, New India Assurance experienced a sharp rally, jumping 10.84 percent to Rs 148.61, as it crossed above its short-term and long-term moving averages. These gains suggest renewed confidence in the insurer’s performance and potential for further upward momentum. Other stocks that saw positive momentum included Sylvan Plyboard, which rose 9.42 percent to Rs 51.00, trading above its key short-term averages. Hind Rectifiers also gained 7.13 percent to Rs 765.10, moving above both short-term and long-term moving averages, signaling strong buying pressure. Nectar Lifesciences, while rising 6.24 percent to Rs 11.75, traded above its 30-day average but remained below longer-term levels, indicating a partial recovery rather than a full reversal of previous trends. Conversely, several stocks faced negative breakouts, slipping below critical moving averages and signaling potential weakness. Info Edge declined 0.89 percent to Rs 985.#onyx_biotec #new_india_assurance #info_edge #apl_apollo #welspun_investments
