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| Top Intraday Breakout Stocks to Trade on Monday, 02-12-2024 |
- Laurus Labs Ltd (NSE: LAURUSLABS)
- Indian Hotels Co Ltd (NSE: INDHOTEL)
- Coforge Ltd (NSE: COFORGE)
- Torrent Pharmaceuticals Ltd (NSE: TORNTPHARM)
So, the Detailed Analysis of these stocks and breakout levels are given in our YouTube video attached to this post. If you like to watch the video can watch and subscribe for more.
Laurus Labs Ltd (NSE: LAURUSLABS) Latest Chart Analysis for Tomorrow
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| Laurus Labs Ltd (NSE: LAURUSLABS) Latest Chart Analysis |
Laurus Labs Ltd (NSE: LAURUSLABS) Is our first stock in our watchlist. Above given chart is created in hourly time frame created in Tradingview platform. From the above given chart we can see the Resistance zone is at 569 to 570 area. Current market price is at 568. Breakout can be considered above 570 for target of 573 and above. After given a intraday breakout, confirm entry using the small time frame and volume. You can plan your trades at 570 call option.
Indian Hotels Co Ltd (NSE: INDHOTEL) Latest Chart Analysis for Tomorrow
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| Indian Hotels Co Ltd (NSE: INDHOTEL) Latest Chart Analysis |
Indian Hotels Co Ltd (NSE: INDHOTEL) Is second stock in our watchlist. Here also we will be doing analysis on hourly time frame trading view chart. By Analyzing the above chart, we can see the Resistance zone at 801 to 802 range. So, breakout can be considered above these Resistance level. You can plan your trade on 800 call option for tomorrow. Wait for the intraday confirmation for the entry.
Coforge Ltd (NSE: COFORGE) Latest Chart analysis for Tomorrow
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| Coforge Ltd (NSE: COFORGE) Latest Chart analysis |
Coforge Ltd (NSE: COFORGE) Is our third stock in our watchlist for Monday. Above given is the latest hourly time frame intraday chart. From the above given chart, we can see the Resistance zone at 8700 to 8708. Current market price of this stock is at 8680 price level. Breakout can be considered above the resistance zone mentioned above. The trade can be planed on 8600 call option.
Torrent Pharmaceuticals Ltd (NSE: TORNTPHARM) Latest Intraday chart Analysis for Tomorrow
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| Torrent Pharmaceuticals Ltd (NSE: TORNTPHARM) Latest Intraday chart Analysis |
This is our last and final stocks in our watchlist for Monday. Above given chart is in hourly time frame created in Trading view platform. Current market price of this stock is at 3330 level. Resistance zone marked at range of 3330 to 3333 price level. So, breakout can be considered just above these level with intraday confirmation. You can plan your trades at 3300 call option.
Conclusion
We have seen the Top positive breakout stocks to add in your watchlist for Monday, 02-12-2024. Resistance zone and breakout levels are analyzed in this blogpost and you can plan your trade up on Intraday confirmation. Also, given the best option strike for entry for each stock after the breakout. That's all for today, More breakout stocks and intraday trading tips will be posted soon in next day.