So, we feel there is a strong case for a pullback, for a bounce back from these levels. Whether the bounce back translates into a reversal or not, only time will tell but we feel that 23,200, the risk reward is fairly favourable for fresh investments, for fresh entries and I think this is an area where one can look to add on to the names which are available at a bargain list.
Breakout Stocks: How to trade Mazagon Dock, Bharat Dynamics & Bharat Electronics that hit fresh 52-week high?
The Indian market pared gains and closed in the red on Friday. The BSE Sensex fell 200 points while the Nifty50 held on to the
May 18, 2025