Alpha 50 stocks performance
Lets observer performance of Nifty Alpha 50 stocks. Nifty performed 20% and comparing this with following stocks we can clearly say that majority of these stocks have performed better
Posts
Dabur
Dabur has uptrend and also a resistance becoming support. Based on uptrend SL is at 475 while for support level it comes to 462.
Escorts
Good support near 1073 is seen. But below 1073 can confirm a reversal pattern of head and shoulder which can lead to lower levels of 930.
Gujarat Gas
There is resistance becoming support at 275. It has stayed above a good upward trend line Stoploss below trendine can be 297.
HDFC
It has broken its up trend and support line has become resistance. Also there is clear gap to be filled at 1670 levels. This has turned bearish. Low from 14th August can be taken as stoploss.
Bharti Airtel
Considering recent support low of 523 defended well with good volume support it will make good stop loss.