10 Stocks To Buy With Strong Positive Trend, 9 Stocks To Sell As Technicals Look Weak

Prabhudas Lilladher has come-up with its latest report on stocks showing positive buy signal and stocks showing negative sell signal. Here are a list of 12 stocks showing positive buy signal, according to Vaishali Parekh, Vice President, Technical Research, Prabhudas Lilladher Pvt. Ltd.

Stocks with positive buy signal

Adani Enterprises, Ashok Leyland, Aurobindo Pharma, Bharti Airtel, BSE, CESC, Siemens, L&T, Deepak Nitrate and Siemens.

Stocks showing weakness on the charts

Apollo Tyre, Godrej Properties, HDFC, HDFC Bank, Kansai Nerolac, Kotak Mahindra, Maharashtra Seamless, Pidilite Industries and Voltas.

"The Nifty continued with the upward move in the morning session but witnessed some resistance near the crucial zone of 17800 levels and with some profit booking activity closed marginally in the green near 17750 zone. With the overall bias and sentiment maintained positive, the index needs to breach decisively the 17800 zone for further continuation of the upward move with next targets expected near 18200-18300 zone. The support for the day is seen at 17650 levels while the resistance is seen at 17900 levels," Vaishali Parekh has written in the technicals daily morning report.

Disclaimer

The above-mentioned information is purely informational and highlights the stocks recommended by Prabhudas Lilladher based on technicals. Stock investments are subject to market risks. The article should be treated as informational and not an advisory to invest. Greynium Information Technologies, the Author and the brokerage firm are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before making any investment decision.