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“BREAKOUT STOCKS TODAY”

BREAKOUT STOCKS TODAY

Update Frequency: Daily Last Update: 10 November 2025, 8.00 PM

CSB Bank – Breakout Stock Analysis

CSB Bank is displaying clear breakout characteristics with strong momentum. The stock trades at Rs. 438.30, just below its all-time high of Rs. 447, indicating a potential fresh breakout zone. The RSI at 69.26 shows strong momentum but is still below the overheated zone, making it a valid breakout candidate.

Quarterly numbers remain robust. Net profit is Rs. 160.33 crore, up 15.84%, while quarterly sales surged 28.25% to Rs. 1109 crore. The bank also shows strong long-term growth with 18.96% 5-year sales CAGR and a powerful 113.60% 5-year profit CAGR, reflecting structural earnings strength.

Valuation remains attractive at P/E 12.23, which is low compared to most mid-cap banks with similar growth metrics. This gives enough room for further re-rating.

Volume action is supportive of a breakout: 1-day volume (8.69 lakh) is significantly above the 1-month average (5.72 lakh), confirming institutional participation. The stock has delivered a 7.23% return this week, indicating strong short-term momentum.

Breakout Levels to Watch

Breakout Trigger: Above Rs. 447
Immediate Support: Rs. 425
Upside Targets: Rs. 465 / Rs. 485

Key Levels (R1, R2, S1, S2 Only)

Level Type R2 R1 S1 S2
Pivot Points 454.10 446.20 431.20 424.10
Fibonacci Pivots 448.37 444.83 433.37 429.83
Camarilla Pivots 441.05 439.68 436.93 435.55

Chanakya View

CSB Bank is in a strong breakout zone backed by earnings strength, attractive valuations, and high-volume buying. A close above Rs. 447 can open a fresh rally. Traders can look for positions on dips or on a confirmed breakout above the all-time high.

Paresh Gordhandas Power Call

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