Stocks to buy or sell: Ajit Mishra of Religare Broking suggests trading strategies for these 3 shares
As the Indian stock market faces volatility and uncertainty, Ajit Mishra from Religare Broking shares key trading strategies for three significant stocks.
Impacted Stocks
BEL — Bharat Electron
▼ Bearish —The stock has triggered a breakdown from a year-long upward-sloping channel and breached its crucial 200-day EMA support level. Persistent selling pressure on minor rallies signals structural weakness, creating a bearish tactical shorting window over a multi-session timeframe.
BIOCON — Biocon
▲ Bullish +1.4785%The stock has successfully broken out of a long-term consolidation range and is holding above its breakout neckline, backed by sectoral tailwinds in pharma. This structural resilience suggests an accumulation opportunity for a bullish swing move over the next few days to weeks.
FORTIS — Fortis Health.
▲ Bullish +1.2942%Fortis Healthcare exhibits strong bullish momentum by clearing its previous swing high on expanding volumes while remaining comfortably above its major moving averages. This alignment signals a high-probability continuation of its uptrend for short-term positional traders.
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