Indraprastha Medical, Asian Paints, and CCL Products are showing signs of b breakouts in their shares. Bullish momentum is evident on technical charts. Experts believe that with the right buying levels and stop-loss, these stocks can yield good profits in the coming days.
Stocks to buy: Today, b trends can be observed in three specific stocks in the stock market. According to Kunal Kamble, Senior Technical Research Analyst at Bonanza, Indraprastha Medical, Asian Paints, and CCL Products have developed a clear bullish trend on their charts. These shares can offer good returns in the coming days if investors buy at the right levels and adhere to stop-loss.
Potential for Bullish Move in Indraprastha Medical
Indraprastha Medical's share has recently given a b breakout above a significant resistance. After a minor dip, the stock has once again shown strength. It is trading above its 20, 50, 100, and 200-day moving averages, indicating a b trend. The RSI is trending upwards, which means buying interest remains b, and there is no selling pressure.
Buying Range: ₹622 – ₹630. Stop Loss: ₹572. Target: ₹720.
Asian Paints Sees Rally After Breakout
Asian Paints has shown a b breakout, emerging from a prolonged consolidation phase. The stock is above all its significant moving averages. Its RSI is at 69.06, which indicates that the stock retains strength and the rally may continue.
Buying Range: ₹2602. Stop Loss: ₹2470. Target: ₹2860.
Strong Trend in CCL Products
CCL Products' share has also broken out of its consolidation phase, showing an upward surge. It remains above all its key moving averages. The RSI is at 77.38, indicating b positive momentum in the stock.
Buying Range: ₹972. Stop Loss: ₹921. Target: ₹1070.
