BREAKOUT STOCKS TODAY
Update Frequency: Daily – Last Update: 1 December 2025, 7.00 AM
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⚡ Chanakya Breakout Stock of the Day –Jamna Auto
The stock closed at Rs. 116.74, just a shade below its 52-week high of Rs. 117.99, confirming strong bullish momentum across all time frames (short, medium, and long term). Volumes remain robust at 27.64 lakh, indicating sustained institutional and trader participation.
Trend & Momentum
All trends (5-day, 21-day, 63-day) remain BULLISH, supported by sharp price gains across periods — 12% in a week and nearly 23% in a month. The stock has comfortably cleared multiple resistance zones and now trades in a clear breakout structure.
Moving Averages
The stock trades well above key SMAs (20D: 104.57, 50D: 101.08, 200D: 91.43) and EMAs, signalling strong trend continuation. This alignment of short-term averages above long-term ones confirms a classic bullish setup.
Momentum Indicators
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RSI at 73.22 indicates strong momentum; mild overbought but healthy in a breakout.
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MACD positive (4.07) with rising histogram shows continued buying pressure.
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ADX at 36.50 reflects a strong trend; DMI+ (39.31) far above DMI− (11.02) — buyers fully in control.
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Stochastics & StochRSI at extreme bullish readings signal strong upside continuation potential.
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CCI at 146 confirms overdrive bullishness.
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Parabolic SAR at 105.86 remains well below the price, offering trailing support.
Support, Resistance & Zones to Watch
Immediate Resistance:
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R1: 117.99 (52-week high / breakout level)
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R2: 119.24
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R3: 122.73
Strong support zones:
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S1: 114.50
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S2: 112.26
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Major support: 108.77 (S3)
As long as the stock sustains above Rs. 114.50, the breakout structure remains intact.
Bollinger Position
Price is near the upper band (119.89) — a bullish trend continuation signal backed by strength, not overextension.
Chanakya View
The stock is in a strong breakout mode with rising volumes, bullish indicators, and sustained demand at higher levels. A decisive move above Rs. 118 can trigger the next leg toward Rs. 122–125.
Downside risk remains limited as long as the stock holds above Rs. 114.50.
Overall: A strong breakout candid
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