However, three stocks have formed a strong setup on the technical charts presenting an appealing risk-to-reward ratio. They can be considered for swing trading with a holding period of four to six weeks.
Reliance Infrastructure, Patanjali Foods, BHEL Q2 results, Last day to subscribe to Protean eGov Technologies IPO in Top News on November 8: Ex-dividend stocks, share markets outlook also in focus.
Protean eGov Technologies IPO to open, Max Healthcare, Bikaji Q2 results in Top News on November 6: Colgate-Palmolive (India) among ex-dividend stocks, share markets, Bank Nifty outlook also in focus.
CPIL s EBITDA margins "continue to improve, up 120 bps vs. sequential quarter and up 340 bps vs. prior year quarter driven by pricing and efficiencies," the company said.