WellSet Bull
The best player so far was Laurus Labs (age count 12) and that has slipped into grey zone implying that the trends are under check. So those with a long need to consider booking out or tighten the stop. Similarly, Manking Phar (5.1) Prestige (5) Indigo (4.1) are all decent recent performers that have all momved to the Grey list so look to take profits there and await fresh signals.

Currently, Balkrishna Ind is on a roll (age score 10) and has already moved about 8-9% above the entry around 2460. System day target is being neared and age is high so it would be wise to use a tight trailing stop. Patanjali age moves to 3 and is seen as a good play even now and longs should be held.Two day low is 1763 and trailing stop can be revised to that as system stop is a bit far at 1712. This is on a buy mode since 1675 and at today’s level has clocked some 7-8% gains already. Dixon is batting well (5.1) and the halt was yesterday but today there is a gap advance on fresh news, bringing in further gains. Stock has been a buy since 15425 and is already clocked about 6% gains. PPL Pharma age count moves to 2 and although price move has not been much, the trend is seen persisting. Use system stop. IndusInd age score moves up to 3 and more gains are being indicated here as price action today appears positive.

WellSet Bear
TechM seems to be arresting its fall. Results due today. So those with short should cover and wait for new signals.
Bearish trends in Idfc First, HindCopper, Dr Reddy, Reliance, Hindalco, HCL Tech, TCS are all seemingly continuing. While the pace is some are slowing, there is no indication of any reversal.