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Writer's pictureyogesh bhavsar

TOP FIVE BREAKOUT STOCKS

As of 19th December 2023, we're highlighting the top five breakout stocks that are making big moves. Let's explore these opportunities.


1. IRFC


The stock has given a breakout of the consolidation zone on the weekly time frame, the volumes have also agreed with the setup.



Looks Good Above 102

Looks Weak Below 88

Can Reach 150


2. SUBROS


The stock has given a breakout of the consolidation zone, we can also see strong volume support for the breakout. Relative strength also shows us the strength.




Looks Strong Above 570

Looks Weak Below 500

Can Reach 685



3. HINDUSTAN COPPER


We have a very strong cup pattern breakout, we have relative strength as a positive signal, also a rising strong volume from the past three days.



Looks strong above 208

Looks Weak Below 185

Can Reach 260


4. SALSAR TECHNO ENG.


We can see a strong VCP pattern along with a strong resistance breakout with above-average volumes and also see relative strength is positive.




Looks Good Above 62

Looks Weak Below 53

Can Reach 90


5. ZYDUS LIFESCIENCE


The stock is in the uptrend, and this week it gave a strong breakout along with the volume



Looks Good Above 694

Looks Weak Below 651

Can Reach 840


Which of these stocks caught your attention the most? Share your thoughts in the comment section!


DISCLAIMER: THE ABOVE ILLUSTRATIONS ARE NOT RECOMMENDATIONS OR ANY KIND OF ADVICE OR TIPS, THEY ARE JUST MY OBSERVATIONS FOR FUTURE HELO AND ONLY FOR EDUCATIONAL BASIS. NO ACTION SHOULD BE TAKEN WITHOUT TAKING YOUR FINANCIAL ADVISORS HELP.
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