Market Overview
The Nifty posted a 1 % weekly gain, marking its third consecutive bullish week, and is now trading just below a key falling-trendline resistance. Bank Nifty advanced about 1.2 % during the same period.
Among sectors, Metals led with more than 7 % upside, followed by Auto (~6 %) and Realty (~5 %). In contrast, the FMCG and Finance indices underperformed the benchmark.
On the flows front, FIIs were net sellers of roughly ₹1,300 crore, while DIIs remained strong buyers at about ₹11,200 crore, supported by monthly SIP inflows averaging over ₹26,000 crore.
Top Weekly Breakouts & Momentum Trades
IREDA
CMP: 161
IREDA has broken a long-standing falling trendline with a powerful bullish candle, signalling the end of a multi-week consolidation.The breakout is confirmed by volume surging 250 % above the 20-day average, indicating strong institutional interest. Daily RSI has also cleared its own resistance, reinforcing the momentum.
Buy Zone: ₹155–₹160
Target: ₹165 / ₹180
Stop Loss: ₹145
Risk–Reward (R:R): ~1 : 2
AJMERA REALTY
CMP: 1053
Ajmera Realty delivered an Ascending-Triangle breakout backed by a large bullish candle, pointing to sustained upward momentum.
Breakout volume was more than 220 % of the 20-day average, a strong sign of follow-through buying.
The RSI reading above 70 shows robust strength, and the stock trades above all major moving averages on daily and weekly timeframes.
Buy Zone: ₹1025–₹1050
Target: ₹1150 / ₹1220
Stop Loss: ₹950
Risk–Reward (R:R): ~1 : 2
PPL PHARMA
CMP: 208
PPL Pharma ended the week with nearly 4 % upside and is now poised for an Ascending-Triangle breakout after a healthy consolidation.
Price remains above key daily and weekly EMAs, reflecting steady accumulation and positive trend.
A confirmed breakout with volume could quickly propel the stock to its next resistance levels.
Buy Zone: ₹205–₹210
Target: ₹220 / ₹225
Stop Loss: ₹197
Risk–Reward (R:R): ~1 : 2
GODREJ PROPERTIES
CMP: 2145
Godrej Properties has completed a Double-Bottom pattern breakout on the daily chart, signaling a potential medium-term trend reversal.
The move came with volume 70 % above the 20-day average, confirming genuine buying interest.
RSI has moved above 60, reinforcing the bullish sentiment as price pushes toward higher resistance zones.
Buy Zone: ₹2,100–₹2,140
Target: ₹2,200 / ₹2,260
Stop Loss: ₹2,040
Risk–Reward (R:R): ~1 : 2
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Disclaimer: I am not a SEBI-registered advisor. The stock recommendations and analysis shared are purely for educational and informational purposes only. They should not be considered as investment advice. Please consult a SEBI-registered financial advisor before making any investment decisions. Investing in the stock market involves risk. Do your own research (DYOR).
