&w=3840&q=100)
Breakout stocks: KNR Cons, Apar, NH and 2 others may see up to 23% upside
Rex Cano Mumbai
Listen to This Article
Kirloskar Brothers, EID Parry, KNR Construction, Apar Industries and Narayana Hrudayalaya have witnessed a breakout on the daily chart on Thursday, June 26, 2025. All these 5 stocks are seen trading above the higher-end of the Bollinger Bands on the respective daily charts. In technical terms, the Bollinger Bands are used to identify anticipated trading range and potential trend reversals and breakout. In general, stocks trading above the higher-end of the Bollinger Bands are considered bullish, and vice versa. However, other key technical indicators such as the moving averages and momentum oscillators also play a crucial part.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
Business Standard
5 hours ago
- Business Standard
FIIs short bets intact even as Nifty rises nearly 700 pts from recent lows
FIIs long-short ratio in index futures has barely moved from 0.09 to 0.11, implying presence of heavy short bets in the August F&O series. Rex Cano Mumbai Listen to This Article The NSE Nifty 50 index has rallied nearly 700 points or 2.8 per cent from its low of 24,337 hit earlier this month on August 08, 2025 amid hopes of a peace deal between Russia and Ukraine, and the Indian government's plans to rationalize the Goods and Services Tax (GST) into a 2-tier system, bringing a majority of goods into lower tax slabs. So far in the August series, the Nifty has gained 0.9 per cent and there are only seven trading sessions remaining for the monthly expiry. Despite the sharp pullback from the
&w=3840&q=100)
Business Standard
a day ago
- Business Standard
ITC, Radico Khaitan, VST: How to trade sin stocks amid GST reforms?
Technical charts show that alcohol and tobacco-related stocks such as ITC, VST Industries and United Spirits seem to be unfavourably placed, and could fall up to 18 per cent from here. Rex Cano Mumbai Listen to This Article Shares of alcohol beverages, and tobacco products are in focus amid talks of likely higher taxes on these products. According to reports, the finance ministry has proposed a 40 per cent 'sin tax' on alcohol and tobacco related products. The government is planning a major overhaul of the Goods and Services Tax (GST) structure, wherein a majority of the daily-use products could be shifted to lower GST slabs. Prime Minister Narendra Modi in his Independence Day speech suggested that the 'next-generation' GST reforms may be announced as a Diwali gift to the common man. So while broader
&w=3840&q=100)
Business Standard
2 days ago
- Business Standard
How long will the GST rate rejig-led rally continue? Here's what charts say
Technical charts suggest that the Nifty needs to overcome the hurdle at 25,120 levels for the short-term bias to turn favourable; detailed analysis below Rex Cano Mumbai Listen to This Article Equity benchmark indices rallied over 1 per cent each as investors cheered as the Indian Prime Minister hinted at major structural changes in the Goods and Services Tax (GST) in the coming few months. During his Independence Day speech on August 15, Friday, Prime Minister Modi said the government will announce next-generation GST reforms ahead of Diwali 2025 with an aim to reduce tax burden on the common man. Post the extended-weekend owing to Independence Day (Friday), the benchmark indices BSE Sensex and the NSE Nifty surged over 1 per cent each to 81,766 and 25,022
