Chart Reading: Hindalco, M&M, Vedanta, NTPC may see a downside of up to 7%

Having a list of stocks breaking downward in chart patterns helps to take a wiser decision. Here is the list of stocks showing a negative trend -

When the sentiment gets hurt, it is time to look for opportunities in beaten-down stocks. Typically, in a weaker market, a bounce is capitalised for shorting opportunities. The correction might not be deeper in nature, a pullback may not lead to a negative trend; however, beaten down stocks eliminate the possibility of a trend reversal, as higher levels still hold strong hurdles. 
 

Having a list of stocks breaking downward in chart patterns, further helps to take a wiser trade. In a normal market, one can rely on consolidation, volumes distribution, and trend line levels to know the overall sentiment.