Index charts remain weak as no new trades are taken, Afzal Lokhandwala notes

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14.10.2026

Index charts remain weak as no new trades are taken, Afzal Lokhandwala notes — Index charts soft, no new positions added

Afzal Lokhandwala, a market commentator and trader, stated that index charts are soft at the moment and said he is not taking any new positions. He added that he is currently holding existing positions and managing them according to his exit method. For liquid stocks, Lokhandwala highlighted a preference for BHEL, which he has been holding for some time, noting that the company’s earnings are due today and his stop is broad.

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Lokhandwala previously reported that EMIL fell below his stop at 187 as market conditions weakened. He also observed that stocks were giving only average feedback to buy signals. The recent comments add to his ongoing cautious stance in the current trading environment.

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