HDFC Life among 7 top stocks signalling bearish reversal: Check Why
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Downtrend
Bearish reversal scan on the candlestick screener can help in ascertaining stocks which can slip downward from an uptrend zone. Here is a list of 4 large- and mid-cap stocks that have established a Shooting Star pattern and signal bearish reversal. (Source: StockEdge)
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Shooting Star Pattern
It is a one-day candlestick pattern in which there is a small red real body and an upper shadow extending from the body and is formed at the top of an uptrend.
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UNO Minda
LTP as on June 22: Rs 586.05 | Change in stock price:- 0.2%
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Exide Industries
LTP as on June 22: Rs 229.6 | Change in stock price: -0.3%
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Nippon Life India Asset Management
LTP as on June 22: Rs 254.05 | Change in stock price: -0.3%
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HDFC Life Insurance
LTP as on June 22: Rs 639 | Change in stock price: -0.5%
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LIC Housing Finance
LTP as on June 22: Rs 402.55 | Change in stock price: -0.8%
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ICICI Prudential Life Insurance
LTP as on June 22: Rs 562.55 | Change in stock price: -0.9%
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GMM Pfaudler
LTP as on June 22: Rs 1513.6 | Change in stock price: -1.4%