The stock of Sagility broke out of a key resistance at ₹43 last week. This led to it forming a higher high and the breakout also confirmed a cup and handle chart pattern, indicating a bullish reversal in trend. Even though the stock dropped 4.2 per cent on Monday, it is likely to be a retest of the resistance-turned-support level of ₹43. While the downtick might extend to ₹41.50, we expect the stock to eventually resume the rally. In the coming weeks, it can hit ₹53. Therefore, traders can buy Sagility at ₹43 and accumulate at ₹41.50. Place stop-loss at ₹39. When the stock rises to ₹48, revise the stop-loss to ₹44. On a rally to ₹51, tighten the stop-loss to ₹48. Book profits at ₹53.

Video Credit: Businessline

(Note: The recommendations are based on technical analysis. There is a risk of loss in trading.)

Published on May 13, 2026