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Breakout Stocks: How to trade Intellect Design, Garden Reach Shipbuilders & Hitachi Energy that hit 52-week high?

1 month ago 22

May 29, 2025, 05:54:07 PM IST

Indian marketplace recouped losses to adjacent successful the greenish connected Thursday. The BSE Sensex rallied much than 300 points portion the Nifty50 roseate supra 24800 levels.

ET Online

Sectorally, buying was seen successful healthcare, IT, metallic and realty portion selling was seen successful FMCG stocks.

iStock

Stocks that deed caller 52-week precocious see names similar Intellect Design which roseate much than 4%, Garden scope Shipbuilders closed with gains of astir 7% and Hitachi Energy India Ltd closed 3% higher connected Thursday.

THE ECONOMIC TIMES

We spoke to an expert connected however 1 should look astatine these stocks the adjacent trading time wholly from an acquisition constituent of view:

Analyst: Ankit Choudhary, Co-Founder, Financial Independence Services

ETMarkets.com

5/7

Intellect Design: Symmetrical Triangle Breakout

The banal has breached retired of a symmetrical triangle signifier connected the regular charts, signaling a bullish continuation. The breakout has been backed by above-average volumes, suggesting buying strength.

The operation remains affirmative arsenic agelong arsenic the banal sustains supra the Rs 1,110–1,120 zone. Upside targets could beryllium Rs 1,175 followed by 1,225 successful the abbreviated term.

ETMarkets.com

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