4 top stocks that may move upwards from current downtrend
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Positive Turn
On the candlestick screener scan performed on Monday, a bullish reversal pattern helped identify stocks that can see an uptrend from a downward zone in the future. So, here are 4 major stocks that have established a Bullish Harami Cross pattern and hint at a bullish reversal in the future. (Source: StockEdge)
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What is a Bullish Harami Cross pattern?
It is a two-bar candlestick pattern formed after a downtrend. The first bar is a red candlestick, normally followed by a standard or long legged Doji. This Doji is completely engulfed by the preceding candle.
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Saregama India
LTP as on July 24: Rs 448.8 | Performance: 1.9%
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Coforge
LTP as on July 24: Rs 4725.7 | Performance: 1.8%
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Persistent Systems
LTP as on July 24: Rs 4773.9 | Performance: 0.5%
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Aster DM Healthcare
LTP as on July 24: Rs 305.2 | Performance: 0.2%