Market Analysis_18_02_2024

Top performer

Nifty reached its peak on January 15th, which was 23 trading days ago. Currently, Nifty is trading at the same level it was at then. Therefore, we will examine the stocks and sectors that have outperformed Nifty during this time frame.

Sector outperformance. Click to expand

Here’s some stocks that is showing outperformance.

Outperforming stocks. Click to expand

Only consider taking a position in a stock if it is forming a base. Wait for the top performer to consolidate before making any moves. Look of patterns like cup and handle, triangle or stocks which is pulling back .

Learn more about chart pattern here

Disclaimer: – I am not SEBI registered advisor. Please consult a professional advisor before taking any decision. This is not buy/sell recommendation.

 

 

 


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