The Midcaps/Smallcap Indices have crossed near term resistance and now knocking the resistance at the previous bottoms.
Time to look for stock specific action.
Dislcosure – Do your own research. Some of the stocks below would have been recommended to clients and we have vested interests.
Rallis India – Good base formation for last few months and now breakdown above 165.
GMR Infra – Good base at 14.5 and now breakout done above 16.2-16.5
Tata Motors – Posted yesterday has done a good bounce.
Couple more oversold names in Auto space look interesting.
Eicher Motors – Finding support at 2016 lows.
Motherson Sumi – Double Bottoms Reversal.
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