Market Pulse: Stocks Poised for Action This Week

Bharti Airtel is set for a potential rally after touching a record high of ₹1,904.20 last Monday. The stock closed at ₹1,815.60 last week, with analysts expecting a rebound from either ₹1,815 or a further dip to ₹1,775. As long as support at ₹1,750 holds, the bullish trend remains intact. Investors can consider buying at ₹1,815 and accumulating at ₹1,775, with a stop-loss at ₹1,730. Profit booking is advised at ₹2,000  

 

EIH Associated Hotels has bounced off its support band of ₹300-320, which has held since February last year. The stock is currently in an uptrend, with a potential softening to ₹335 before a rise to ₹480 in the coming months. Investors can go long at ₹366 and add more at ₹335, maintaining an initial stop-loss at ₹290. Profit booking is recommended at ₹480  

 

Kansai Nerolac Paints has erased losses from early 2025 and is showing signs of a bullish reversal. A rounding bottom pattern and the crossover of 20- and 50-day moving averages indicate a positive outlook. The stock rebounded from its support at ₹220, which has held since 2017. Investors can buy at ₹262 and on dips to ₹245, with a stop-loss at ₹212. Profit booking is suggested at ₹340  

 

Source: The Hindu BusinessLine