Trident: It is continuously moving in a downward channel. Therefore it is not recommended to add a new position until it stays in the channel.
Also, OBV data suggests volumes are continuously decreasing and the stock is in a bearish phase.
Icici Prudential Life Insurance: This stock recently surged on the news of its good quarterly results. MACD data suggest stock might enter in consolidation phase before making new highs.
Readers are advised to enter in new position above 455-460 levels.
Sadhbav Engineering: The stock was moving in ascending triangle & coming out of consolidation phase. It is facing trendline resistance but once that is broken it will zoom to 450/500 levels easily.
Readers are advised to make new position above 420 for a target of 450/500.
