Highlighting few out performing stocks across sectors today since Nifty has hit a recent low on 20th March 2023
TVS Motors - Stock has broadly out performed the down move in the auto space and is showing signs of up move
Bank of Baroda - Stock has not participated much in the downside move and is stable since days.
ICICI Pru - Recent action in the stock has been of double bottom and stock is not getting downside followup now.
AB Capital - Stock has given a shallow correction and is now back nearly to its recent highs, clear signs of strength visible here.
Titan - Stock bottomed in Feb 2023, while Index was still going down. Stock is now around a level from which it can give a change of structure breakout.
Dalmia Bharat - Cement space has been doing well recently in last 10 days with stocks up from 2-7% from F&O space.
There will be many more names which will get added to this list if there is a continued bounce in markets,
Chart in markets were looking so bad just a few days back that getting follow-up sell from those was a tough task.
We can now either look for out performance in stocks to find winners or failed break down on downside to find a contra long trade.
#TradersClub learning session scheduled for 15 & 16th April, Details on link - https://www.indianstockss.com/tradersclub-1
Disclaimer : - The above charts shared are for education purpose only, study used to select the chart is relative strength. I do not have any open position in the mentioned stocks at the time of this post.