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A couple of weeks back, it broke out of the resistance at ₹370 and the price is now comfortably above both 21- and 50-day moving averages.
After the breakout, the scrip has been trading flat. However, it sustains well above ₹370, and the chart shows that the stock has formed a new higher base at ₹390.
Therefore, the probability of further rally from the current level is high. We expect it to touch ₹515 in the coming weeks.
So, buy now at ₹402 and accumulate at ₹375. Stop-loss can be at ₹350. When the price rises to ₹460 and ₹490, alter the stop-loss to ₹420 and ₹460 respectively. Exit at ₹515.
FILTERS UPDATES
- May 25, 2026 06:37
Stock market
Nifty & Bank Nifty இந்த வாரம் (25 May’26 to 29 May’26) என்ன ஆகும்? எங்கு செல்லும்?
- May 25, 2026 06:36
Stock market
Nifty and Bank Nifty Predictions for the week: May 25-29, by BL GURU
- May 25, 2026 06:32
Stock market
Stock to buy today: Saregama India (₹402.70)
Stock to buy today: Saregama India (₹402.70)
After the breakout, the scrip has been trading flat. However, it sustains well above ₹370, and the chart shows that the stock has formed a new higher base at ₹390
Published on May 25, 2026