Indian equity markets extended their winning streak into a third consecutive session, with the benchmark Nifty 50 and Sensex sustaining levels above critical technical resistance.
The rally, which capped a holiday-shortened week in positive territory, was supported by modest gains across sectors and improving global sentiment as geopolitical tensions between the United States and Iran showed signs of easing.
Technical analysts are pointing to specific breakout opportunities within the broader market strength.
Sumeet Bagadia, a market strategist, identified five stocks poised for further upside based on technical patterns: Ujjivan Small Finance Bank, Bajaj Consumer Care, Shilpa Medicare, Anant Raj, and Manorama Industries.
These picks reflect a shift toward momentum-driven trading as investors seek to capitalize on the sustained upward trajectory of Indian benchmarks.
The market’s resilience comes despite ongoing global uncertainties.