After correcting from the levels of almost 160 continuously vedl has given a positive weekly candle close in the previous week closing abv 60. Still the last week's high is acting as a resistance and selling is coming at that level. Expect that the stock is trying to give a breakout and in such scenario's often the long are first cut out by a steep decline and the...
Bajaj finance after correcting from high of4840 has continually given weekly negative closing, now after consolidating near 2300 , it is showing some strength and can give a bullish continuation if high of previous week near 2400 is crossed in closing basis. This is a pattern where india vix is cooling of and high beta share consolidating.
