🚀 8 High-Momentum Stocks for 9th June– Detailed Analysis for Smart Traders
Looking for breakout stocks with strong upside potential? This week, we’ve handpicked 8 high-conviction momentum stocks based on price action, volume patterns, and sector trends.
Let’s examine the analysis and key levels to watch for each pick. This guide is for swing traders and short-term investors.
📌 1. Maruti Suzuki (NSE: MARUTI)
Current Zone: ₹11,500–₹11,720
Technical Setup: Consolidation breakout forming
Target Price: ₹12,000+
Support/SL: ₹11,320
Insight: Strong auto sales data and improved outlook are driving renewed interest.
📌 2. LIC Housing Finance (NSE: LICHSGFIN)
Current Price: Around ₹475
Technical Setup: Higher lows on the daily chart; bullish engulfing
Target Price: ₹490–₹500
Stop Loss: ₹465
Insight: Housing finance demand returning; consistent delivery volumes increasing.
📌 3. Apollo Tyres (NSE: APOLLOTYRE)
Breakout Level: ₹465
Target Zone: ₹485–₹490
Stop Loss: ₹449
Insight: Sector rotation into auto ancillaries; near trendline breakout.
📌 4. Indus Towers (NSE: INDUSTOWER)
Buy Above: ₹210
Target: ₹225–₹230
Stop Loss: ₹198
Insight: Triangle breakout setup; telecom sector shows strong F&O build-up.
📌 5. Tata Power (NSE: TATAPOWER)
Support Zone: ₹416
Breakout Level: ₹430
Target: ₹450
Stop Loss: ₹416
Insight: Strong trend continuation with support from volume and positive sentiment in power stocks.
📌 6. TVS Motor (NSE: TVSMOTOR)
Buy Range: ₹2500–₹2520
Target: ₹2600+
Stop Loss: ₹2445
Insight: Multi-timeframe breakout; bullish momentum continues in auto leaders.
📌 7. V-Guard Industries (NSE: VGUARD)
Breakout Zone: ₹355
Target: ₹375–₹380
Stop Loss: ₹342
Insight: Electrical sector theme play; consistent buying seen in cash segment.
📌 8. Ambuja Cements (NSE: AMBUJACEM)
Buy Above: ₹660
Target Price: ₹690
Stop Loss: ₹645
Insight: Cement stocks showing relative strength; Ambuja leads with clean volume breakout.
📊 Disclaimer
These stocks have strong technical setups and are worth tracking for potential swing trades. Always use strict stop losses and follow proper risk-reward ratios.
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