Key Points
Stocks that were in focus include names like Elgi Equipments, which was up 7%, J.B Chemicals & Pharmaceuticals, which gained over 6% to hit a fresh 52-week high, and Delta Corp, which fell more than 23% on Wednesday.Agencies..
The Indian market closed in the red on Wednesday, tracking muted global cues..
Sectorally, buying was seen in realty, healthcare, and oil & gas stocks, while selling was seen in IT, telecom, utilities, and consumer durable...
We have collated a list of three stocks that either hit a fresh 52-week high or saw a volume or a price breakout...
Any dips towards the channel i.e. towards 2468 levels can be used as a buying opportunity with targets of 2600 or higher...
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Breakout Stocks: How Medplus Health, Sheela Foam and NMDC Steel are looking on charts for Wednesday’s trad
18, Jul, 23Stocks that were in focus include names like Medplus Health Services which hit a fresh 52-week high, Sheela Foam rose more than 4% with strong volumes, and NMDC Steel closed with gains of nearly 4% to hit a fresh 52-week high.
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Breakout Stocks: How are BEL, GE Power and Tata Motors looking on charts? Ashish Kyal decodes
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01, Aug, 23Sector-wise, IT and telecom stocks witnessed heavy buying, while selling was seen in realty, infra, power and healthcare stocks. Stock-specific action was seen in KIOCL, which closed with gains of nearly 15% to hit a fresh 52-week high; Exide Industries that rose over 5%, and Bharat Forge that pared gains after hitting a 52-week high
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08, Aug, 23Stocks that were in action included names like Gland Pharma, which was up 20%, Caplin Point Laboratories, which gained 11%, and HUDCO, which was up more than 6% to hit a fresh 52-week high on Tuesday.
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