The Industrial sector has been on our radar throughout this year. The Nifty 500 peaked in October 2021, whereas stocks from the industrial sector continued to show resilience. Our outperformers scan list is full of industrial stocks.
Our Custom ASC Industrial Index is making a new all-time high on an absolute and a relative basis. We are looking for opportunities to add based on price breaking above the consolidating or options to add within an ongoing bullish uptrend. Finally, we’ll look into potential multi-year breakouts.
In this post, we’ll update the trade ideas from the last post and add a few new actionable setups that look attractive on the long side for the next few weeks and months.
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