The positive chart pattern like higher tops and bottoms is intact on the daily chart and the Nifty is currently forming a new higher top of the sequence. A decisive move above 21,850 level is expected to nullify the present bearish effect and that could open more upside for the near term.
Concurrent Gainers: 9 smallcap stocks gain for 5 days in a row
We identified 12 stocks that gained on all five days, delivering cumulative returns ranging from 10% to 30% during the period.