Key Points
Sectorally, buying was seen in utilities, power, public sector and IT stocks while selling was seen in realty, auto, and FMCG...
Stocks that were in focus include names like Cochin Shipyard which rose nearly 9% to hit a fresh record high, Adani Power which gained 5% and Nalco which closed with gains of over 5% to hit a fresh record high on Wednesday...
We have collated a list of three stocks that either hit a fresh 52-week high, or an all-time high or saw a volume or a price breakout...
The stock had been consolidating in a range of 139-169 for almost a month and has now given a breakout above 169 levels with good volumes confirming the breakout...
With RSI entering the bullish zone and MACD crossing above zero, the stock is expected to test 200 level in a short span..
You might be interested in
Breakout Stocks: How are Data Patterns, Mazagon Dock and IDFC First Bank looking on charts for Monday?
18, Jun, 23Indian markets closed higher on Friday, with the S&P BSE Sensex increasing over 400 points, and the Nifty50 closing above 18,800. Buying was seen in banks, capital goods, FMCG, and public sector stocks, while IT and realty stocks experienced selling. Three stocks, Data Patterns, Mazagon Dock Shipbuilding, and IDFC First Bank, either hit a 52-week high or saw a volume or price breakout. Data Patterns closed at an all-time high; Mazagon Dock Shipbuilding saw a Pole and Flag pattern breakout; and IDFC First Bank saw a rally above Rs 70.
Breakout Stocks: How to trade RattanIndia, KEI Industries and PCBL on Wednesday
21, Nov, 23Sectorally, buying was seen in consumer durables, realty, healthcare and auto stocks while energy, public sector and oil & gas stocks saw some selling pressure on Tuesday.
Technical Breakout Stocks: How to trade ABB India, Tata Investment Corporation and Olectra Greentech on Fr
22, Feb, 24The S&P BSE Sensex rose over 500 points while the Nifty50 closed above the 22,200 level. Sectorally, buying was seen in auto, IT, capital goods and power stocks while some profit booking was seen in the banking space.
Gaurav Bissa’s 2 stock recommendations from financial space
05, Jan, 24Gaurav Bissa says: “We have seen 21,500 strike witnessing, good amount of put writing, now that is translated into 21,600 as well. So, as long as we are sustaining above these levels, we may head towards 21,800, that is the immediate resistance area. At this point in time, we are even suggesting to our clients not to be too aggressive in terms of buying or selling.”
Breakout Stocks: How are M&M, Cipla and Colgate Palmolive looking on charts for Friday’s trade?
27, Jul, 23Sectorally, buying was seen in healthcare, realty, telecom and capital goods stocks while selling was seen in auto, oil & gas, and energy stocks.
Technical Breakout Stocks: How to trade HDFC AMC, Intellect Design and Birla Corp on Wednesday
27, Feb, 24The S&P BSE Sensex rose more than 300 points to close above the 73000 mark while the Nifty50 failed to hold above 22,200 level. Sectorally, buying was seen in realty, consumer durables, capital goods, and IT stocks while oil & gas, energy, public sector and utilities saw some selling pressure.
Technical Breakout Stocks: How to trade Tata Motors, IOC and UCO Bank on Tuesday
05, Feb, 24Sectorally, selling was seen in telecom, consumer durables, capital goods, and FMCG stocks while oil & gas, energy, healthcare, and metal stocks saw some buying.
Breakout Stocks: How Oil India, MCX and ITI are looking on charts for Tuesday’s trade
09, Oct, 23We have collated a list of three stocks that either hit a fresh 52-week high, or all-time high or saw a volume or a price breakout
Technical Breakout Stocks: How to trade Bharat Electronics, Bajaj Auto and Aditya Birla Fashion on Wednesd
02, Apr, 24The S&P BSE Sensex fell over 100 points while the Nifty50 closed above the 22,450 level. Sectors like consumer durables, oil & gas, the public sector, and utilities, saw buying while IT, telecom and banks saw some selling pressure.
Breakout Stocks: How Ujjivan SFB, Godrej Industries and AstraZeneca Pharma are looking on charts for Monda
08, Oct, 23We have collated a list of three stocks that either hit a fresh 52-week high, or all-time high or saw a volume or a price breakout.We spoke to an analyst on how one should look at these stocks the next trading day entirely from an educational point of view