Lupin, PFC, Godrej Consumer: Oversold stocks on charts; analyst take here

Equity markets have witnessed a sluggish trend in August thus far amid elevated crude oil prices. The Nifty 50 index has declined over 2 per cent from its high of 24,774 touched in the first trading session of the month.   In the broader market 52 stocks from the Nifty 500 index have dropped over…