Stock Selection Analysis - 9-May-17
BAJFINANCE - It is on a steady uptrend and we can see a pullback to the recent resistance zone. The candle that is shown here is a green candle with very light volume. Likely to move upside.
BRITANNIA - it just crossed the previous resistance and formed a pullback to the same zone. we can see a long green candle which shows evidence for the bulls participating in it. So it is a likely trade to the upside.
LT - Same scenario like the above.
BAJFINANCE - It is on a steady uptrend and we can see a pullback to the recent resistance zone. The candle that is shown here is a green candle with very light volume. Likely to move upside.
BRITANNIA - it just crossed the previous resistance and formed a pullback to the same zone. we can see a long green candle which shows evidence for the bulls participating in it. So it is a likely trade to the upside.
LT - Same scenario like the above.