Top breakout stocks to keep on your radar this week! 📈
1️⃣
RHIM
– The stock has broken above key resistance levels and crossed its 200-day EMA, signaling a bullish reversal. Analysts expect a potential move toward ₹600 if momentum sustains.
2️⃣
EXIDEIND
– After a prolonged consolidation, Exide is showing strength and volume support near ₹300 levels. A long-term downtrend break may indicate accumulation and upside ahead.
3️⃣
SWIGGY
(listed via Prosus) – The stock is picking up steam with increasing investor interest, especially as the food delivery space shows signs of profitability. Technically, it's forming a cup-and-handle pattern with a target range of ₹460–₹475.
These stocks are seeing increased volume and are technically poised for short- to medium-term moves. Perfect for swing traders and position holders looking for breakout opportunities.
💡 Always use proper risk management when trading these setups.