Technical Breakout Stocks: How to trade Tata Investment, ICICI Bank and M&M on Monday?

Posted on:
Key Points

The Indian market closed at a record high on Friday tracking positive global cues..

Benchmark indices hit their fresh record high, logging gains of over 1.5% each...

The S&P BSE Sensex rallied more than 1,200 points to hit a fresh record high of 73,819 while the Nifty50 closed with gains of more than 355 points to close at 22,338...

Stocks that were in focus include names like Tata Investment which was up 5%, ICICI Bank hit a fresh record high and closed with gains of over 3% while Mahindra & Mahindra closed with gains of over 2% on Friday...

Tata InvestmentTata Investment appears to be breaking out of a five-day consolidation with above-average volumes, making a new all-time high on the daily timeframe, confirming the bullish view...

You might be interested in

Breakout Stocks: How GMR Airport, APL Apollo and MTAR Technologies are looking on charts for Friday’s trad

24, Aug, 23

Stocks that were in focus include names like GMR Airport Infrastructure, which was up more than 9% to hit a fresh 52-week high, APL Apollo Tubes, which rose more than 4%, and MTAR Technologies, which closed with gains of nearly 4% to a fresh high on Thursday.

Breakout Stocks: Eye on smallcaps! What should traders do with Ahluwalia Contracts & Nucleus Software on T

29, May, 23

Sectorally, consumer durables, metal, realty, auto, and banks saw buying, while some selling was seen in oil & gas, and IT counters. Smallcap stocks that are in focus include names like Ahluwalia Contracts rallied over 10% to hit a fresh 52-week high and Nucleus Software closed with gains of 20% on Monday.

Breakout Stocks: How ITC, Titan Company & Alok Industries are looking on charts for Tuesday

19, Jun, 23

Stocks that were in focus included names like ITC, which closed flat but hit a fresh record high, Titan Company, which also hit a fresh high, and Alok Industries, which closed with gains of over 10% with high volumes on Monday.

Technical Breakout Stocks: How to trade CRISIL, HFCL and EIH Hotels on Wednesday

20, Feb, 24

The Nifty50 index rose 74 points to close at 22,196. It hit a fresh record high of 22,251 intraday. The S&P BSE Sensex rallied more than 300 points. Sectorally, buying was seen in banks, realty, power and utilities while IT, auto and metal stocks saw some selling pressure.

Breakout Stocks: How are MRF, Olectra Greentech and Bombay Burmah looking on charts for Wednesday

13, Jun, 23

Stocks in focus included names like MRF, which closed with gains of over 1%. The stock closed a fresh high above the Rs 100,000 mark for the first time. Other stocks which remained in focus included names like Olectra Greentech, which rose over 7% to hit a fresh 52-week high, and Bombay Burmah Trading Corp closed with gains of over 10% to hit a fresh 52-week high

Breakout Stocks: How KIOCL, Exide Industries and Bharat Forge are looking on charts for Wednesday’s trade

01, Aug, 23

Sector-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

Breakout Stocks: 52-week highs! How to trade HPCL, Adani Power and Cyient on Tuesday

04, Dec, 23

The S&P BSE Sensex rallied over 1,300 points while the Nifty50 closed with gains of over 400 points to close at 20,686. The S&P BSE Sensex hit a record high of 68,918 while the Nifty50 hit a high of 20,702. Sectorally, buying was seen in oil & gas, banks, public sector, power and capital goods stocks.

Breakout Stocks: How BLS International, Hindustan Copper and IRFC are looking on charts for Tuesday’s trad

31, Jul, 23

Sectorally, buying was seen in infrastructure, utilities, power, public sector and capital goods while selling was seen in FMCG and healthcare stocks. Stocks that were in focus on Monday include names like BLS International, which rallied more than 14% to hit a fresh 52-week high; Hindustan Copper, which gained over 10%, and IRFC that closed over 9% higher to hit a fresh 52-week high