Diwali watchlist: 2 retail stocks showing bullish breakout signals

After 7 consecutive sessions of decline, the Indian equity market has staged a strong rebound. With Diwali and the festive season approaching, market sentiment is turning positive. Retail focused stocks such as Aditya Birla Fashion & Retail and FSN E Commerce Ventures (Nykaa) are showing promising technical setups & appear well positioned for further upside.