Stocks for 6 November 2020 are Laurus Lab, Axis Bank, BajFinance, Cipla, HDFC, HDFCBANK and RELIANCE. Markets are bullish and indicators are in overbought positions so trading should be down cautiously today. Better to do trading on levels and candle stick patterns.
Today we have four stocks to trade for. Axis Bank, UPL, GAIL and BPCL. Axis bank is moving in an upward channel and is at support trendline in 15 Mins time frame. A good to buy inside the channel for 7 to 10 Points gain. Break out downside from the channel can be a sell until there is a positive pattern in candles. Axis bank being a BankNifty component it could be a good opportunity to buy if the market seems positive. BPCL is consolidating in a channel with 350 as support and 354.7 as resistance in 15 mins time […]