The following stocks show a certain degree of bearishness on the charts. However, please note that in a upward market, even the most bearish stocks even if they do not sympathetically go up, will at best try to maintain their levels and perhaps sacrifice a southward movement.
Hence in markets such as those described above, trades should be limited to small quantities and the practice of revising stop loss to trail the target should always be implemented.
The following stocks look bearish on their daily charts
HDFC LIMITED
VAKRANGEE SOFTWARE
DEEWAN HOUSING
ARIHANT CAPITAL
DJS STOCKS
SHARDUL SECURITIES
GARNET INTERNATIONAL
SHIVALIK BIMETAL
AHMEDNAGAR FORGINGS
MMTC
ABAN
THOMAS COOK
HMT
GRINDWELL NORTON
JAIN IRRIGATION
LANCO INFRA
ATLAS CYCLES
MPHASIS
BHUSHAN STEEL
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