It may possible that crude price may come down considering the current level and we may see some bounce in OMCs. This counter may be track for coming week.
The sector is breaking out in ratio chart and considering week market enviorment, defensive are expected to give positive returns in near term
It is breaking out of consolidation so keep stock from this sector also in watchlist
This has clearly broken out from good consolidation. So expect Infra to outperform also in coming days
It is about to break out in ratio chart. So keep eye on media stocks. They may outperform in coming days.
It seems PSU Banks are going to outperform the market in coming days. But most of charts are over extended hence wait for pullback recheck the position and then enter in the trade
It is bouncing from the support zone in ratio chart. It implies that it will outperform the NIFTY in near term. Further to that, some rating agency has downgrade the India IT, it is sign that near term bottom is done in IT. Keep SL of the support zone. Here none is right all the time.
I will buy it at ratio chart support line. Not near breakout point. As per my understanding current breakout if happens then it will be late stage breakout where higher chances of getting stopped out
One can try long here with small SL of 5550. As it is trendline support and it is going down since long we can see some good upmove