Refer to the enclosed comparison of NSE:CNXFINANCE and $NIFTY50.
NSE:CNXFINANCE looks stronger than $NIFTY50 and is evidenced by some Finance sector stocks coming out of the base.
Have a look at NSE:BAJFINANCE , NSE:BAJAJFINSV , NSE:CHOLAFIN , NSE:CHOLAHLDNG and NSE:SHRIRAMFIN
But given the Market Stance, which is too Weak, I prefer to Watch all...
#BAJAJFINSV NSE:BAJAJFINSV
1. Stock came out of its 200 SMA
2. Tested 200 SMA quite a few time and is holding above
3. Seems like a Cup, waiting for a handle to form
4. Market Stance is weak, hence long position to be avoided
