Fraser and Company's Stock Defies MarketsMOJO's Sell Call, Opens with 4.55% Gain

Jan 08 2024 10:34 AM IST
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Fraser and Company, a microcap trading company, defied a strong sell call from MarketsMojo and opened with a 4.55% gain. The stock has been on a consecutive gain streak for the past 2 days, outperforming the sector by 4.83%. It also outperformed the Sensex by 4.51% in the past day and 1.05% in the past month.

Fraser and Company, a microcap trading company, saw a strong sell call from MarketsMOJO today. Despite this, the stock opened with a gain of 4.55%. This is a significant increase compared to the overall sector performance, as the stock outperformed the sector by 4.83%.

In fact, Fraser and Company has been on a consecutive gain streak for the past 2 days, with a total increase of 5.31% during this period. This is a positive sign for investors, as it shows the company's ability to consistently generate returns.

Looking at the moving averages, Fraser and Company's stock is currently higher than the 5, 20, 50, and 100 day moving averages. However, it is lower than the 200 day moving average. This indicates that while the stock has been performing well in the short term, it may face some challenges in the long term.

In comparison to the overall market performance, Fraser and Company's stock has outperformed the Sensex by 4.51% in the past day and 1.05% in the past month. This shows that despite the strong sell call from MarketsMOJO, the company's stock is still performing relatively well.

Investors should keep an eye on Fraser and Company's stock in the coming days to see if it can continue its positive streak and potentially overcome the 200 day moving average. However, it is important to note that this information is based on facts and should not be taken as a recommendation for investment.
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