Breakout Stocks: How NMDC Steel, Data Patterns and Apar Industries are looking on charts for Tuesday’s tra

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Key Points

The S&P BSE Sensex rose over 200 points while the Nifty50 closed just a shade below 19400 levels..

Sectorally, buying was seen in utilities, power, metal, and capital goods sectors...

Stocks that were in focus on Monday include names like NMDC that rose nearly 3%, Data Patterns India that gained nearly 10% and Apar Industries that ended over 2% to hit a fresh 52-week high...

Extending the chart that we previously shared the stock is still making higher highs and higher lows patterns, so continue to remain invested in the stock and look for bigger targets as it's in the blue sky zone...

Apar Industries had given a Cup and Handle breakout on the monthly charts around Rs 880-900 levels in June last year, since then it has been an investor's delight as it has made a high of Rs 5349 on Monday, which is roughly 6 times the returns at these levels...

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