🕗Updated at 9:00 PM IST 27 April 2026
At Chanakya Ni Pothi, India’s oldest investment & IPO research weekly with a legacy of 33+ years, we bring you fresh “Breakout Stock Today” from Paresh Gordhandas — actionable Intraday stock recommendations for today, before market opening.
Tamilnad Mercantile Bank Breakout Stock Today
Trade Table
| Instrument | Trade | Buy Zone | Target | Stop Loss |
|---|---|---|---|---|
| Tamilnad Mercantile Bank Ltd | Buy on Dips / Breakout Buy | Rs. 686 – 695 | Rs. 719 / 741 | Rs. 668 |
Why This Trade
Tamilnad Mercantile Bank Ltd closed at Rs. 697.30 with a sharp 8.97% gain, indicating strong fresh momentum and breakout participation.
The stock has delivered strong returns:
- 1 Week: +5.04%
- 1 Month: +21.96%
- 3 Months: +25.62%
- 1 Year: +55.53%
Short-term, medium-term and long-term trends are all bullish, suggesting dips may attract buying interest.
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| Vaishali Parekh |
Intraday Recommendations for 12 March 2026 |
| 1] Canara Bank: Sell at Rs.147, Target Rs 142 Stop Loss Rs. 150; |
| 2] HAL: Buy at Rs.3960, Target Rs.4200, Stop Loss Rs.3900; and |
| 3] Castrol India: Buy at Rs.185, Target Rs.190, Stop loss Rs.182. |
Also Read
Market Analysis by Nagaraj Shetti
Stock Market today by Vaishali Parekh
Sumeet Bagadia’s Breakout Calls
Market Analysis by HDFC Securities
Quicklinks
*RA No. INH00000750
*Disclaimer: The views and recommendations provided in this analysis are those of individual analysts or broking companies, not ChanakyaNiPothi.com. We strongly advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly, and individual circumstances may vary. Useful Links You Should Bookmark Now