Basing Action in Stocks

Today while running over charts of many scrips, I saw basing action being completed in lot of these names and they wanting and begining to breakout.

Thus it further strengthens our thesis for the trend upwards for stocks this year hence the trade directionally is up and strategy is to buy the dips and add on to the positions in this manner.

Realty, Infrastructure names which had been beaten to the extremes last year will be best suited candidates as those who would have basing action done and complete. So we will trade them.