Index is in consolidation zone. Nifty 500 and Midcaps - Smallcaps showing signs of outperformance.
Below are outputs in Darvas scanner of Nifty 500 universe.
Example of further analysis of those stocks:
Below are outputs in Darvas scanner of Nifty 500 universe.
Example of further analysis of those stocks:
Back to back ABC and bear-trap above average line (uptrend). Bullish as long as 900 is maintained.
Bullish but strong column that has achieved a count. Bear-trap and broadening (expanding triangle) at left are good signs. Bullish as long as 570 is intact.
ABC with bear-trap. Series of higher bear-trap lows. Count cluster is open. Maintaining 12400 would be very bullish.
Selected stocks of these universe because segment is showing signs of outperformance. Breakout & retracement works during such times. Explained that in last couple of videos.
Above process is explained in the video
youtu.be
Picks are not imp, process is. Cheers!
Above process is explained in the video
youtu.be
Picks are not imp, process is. Cheers!
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