Sellers are loosing the momentum, just observe the candles and volume. The latest candle speaks about confusion for bears, any bullish candle can confirm the change of momentum.
Avanti Feeds - Holding well above trendline BO on weekly
Holding nicley at the retest levels
The breakout from falling trend line shows change in price action, the buying can be done at retest of 120-125 levels
Go long with bullish candle formation at the given support zone, it has given decent returns before with this strategy
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.
Everest Industries is a turn around candidate and I like the story. Technically it is available at a good price point, where charts are showing double bottom on weekly.
Indian Hotels - Bullish Cup and Handle
INV H&S with great volumes. The stock was in long consolidation, might reverse if the Inv H&S succeed.
LTTS - will it reverse after filling the gap ?
Havells Cup and Handle BO, the weekly close was above the required levels which is a positive sign.
Let's see if it can bounce from here or it will breakdown further.