Quite a few stocks making a sideways range for last 10 days and 2 months. Some of them near breakouts. Such a trade is supposed to be with strict stops.
The reason to post these charts is a lot of these charts if they sustain higher implies some sort of stock specific bottom formations happening.
Apollo Tyres – Last 10 days range break.
ONGC – 80-81 a critical resistance.
Hindustan Oil Exploration – Good Volumes
Motherson Sumi – Good contraction and breakout.
Zee Limited – Watch for 172-174. Stop 155
NMDC – Small range breakout but volumes and price action needs to pick up.
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