There is a momentum with railway stocks, IRCTC bumper listing plus RITES giving huge returns. The stock is now retesting with lower volumes and looking at the candles near the retest zone, one can safely assume that either the consolidation is going to happen or uptrend will continue.
One can keep a stop of anything below 255-256
We all know how HDFC AMC and HDFC LIFE have performed in this dull market, it makes sense to go with the trending stocks. Every time the price touches the lower line of the channel, it can be bought with a stop below the channel.