Buy, Sell Or Hold Stocks: 13 Stocks Showing Positive Trend Reversal

Prabhudas Lilldaher in its latest technicals daily has said that the Nifty once again witnessed a failed attempt to breach the crucial barrier zone of 17800 levels and slipped thereafter to touch the low near 17650 zone and with some volatility closed near 17700 levels. "The index has been consolidating between the range of 17800 and 17650 levels for quite some time and as said earlier
would need a decisive breach above 17800 to establish some conviction and clarity for further rise," the brokerage has noted," the brokerage has stated.

BANK NIFTY

According to Prabhudas Lilladher, the BankNifty also has been witnessing tough resistance near 41600 zone and with fluctuations happening during the intraday session is hovering near the 41000 and 41600 zone. "It's a wait and watch scenario for the indices to get a clear directional trend and establish some conviction," Prabhudas Lilladher has said.

Here are Stock Ideas with Trend Reversal from Prabhudas lilladher

Positive: AJANTA PHARMA, BPCL, DCB BANK, FORTIS , GAIL, GODREJ CP, HAL, HPCL, IRB INFRA, KSCL,ONGC and PETRONET.

Negative: ASHOK LEYLAND, BHARAT FORGE, CHAMBER FERT, DEEPAK NTR, FEDERAL BANK, HCL TECH, INFY, ITC, M&M, PEL, SPARC