Oblivious Chart: Market Insights

   How to use new 52 weeks high sheet? New 52-week high stocks give you an idea of what stocks are market favorites now. For traders, it is a ground to hunt the stocks with momentum; for investors, it provides an opportunity to find stocks that may be in a downtrend for 5-10 years and are now seeing some turnaround in the sector or the company.  Disclaimer:   In any way this data should not be regarded as investment advice. This is solely for my analysis & educational purpose.

 The following stocks showed outperformance compared to Nifty 50.

Here are some charts for this week that are forming big bases The common thing I see in these stocks are that they belong to chemical sector or capital goods. Vinati Organics      Ador Welding Action Construction Equipments (ACE) Coming out of a long base of 1 year.