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3 Breakout Stocks to Buy Now for Quick 8-10% Gains Despite Market Volatility


The Indian stock market continues to navigate an extended period of heavy volatility, leaving short-term traders looking for reliable chart structures to park their capital. In this challenging trading climate, Aakash Shah, a leading Technical Research Analyst at Choice Broking, has identified three high-momentum stocks displaying strong breakout patterns. According to the brokerage house, all three equities are exhibiting clear bullish signals on their daily charts, suggesting an estimated 8% to 10% upside in the coming week.A deeper look into their technical setups reveals that these selected stocks are currently trading comfortably above their key moving averages, backed by robust trading volumes and a significantly improved Relative Strength Index (RSI). While structural breakout patterns greatly strengthen their upward trajectory, market experts warn traders to maintain strict risk-mitigation protocols and keep a close eye on macro global triggers such as the unfolding West Asia crisis.Alivus Life Sciences: Clear Breakout Post Multi-Week ConsolidationChoice Broking has issued a high-conviction 'Buy' recommendation on Alivus Life Sciences around the ₹1,119 mark, setting a target price of ₹1,200 alongside a protective stop-loss at ₹1,058. Explaining the rationale behind this setup, Shah pointed out that the stock has successfully dismantled a multi-week consolidation phase with a definitive price breakout.The stock's structural health is reinforced by its active trading above the 20-, 50-, 100-, and 200-day Exponential Moving Averages (EMAs). Furthermore, the stock's RSI has crossed the 67 threshold, indicating aggressive bullish momentum building just below its previous daily close of ₹1,103.10.Gufic Biosciences: Emerging Golden Cross Formation Sparks Fresh RallyPharma player Gufic Biosciences is also flashing a strong 'Buy' signal from the brokerage at an entry level of ₹370. Choice Broking has set a short-term target price of ₹400 for the counter, advising a strict stop-loss at ₹352.The stock has charted a phenomenal recovery from its recent structural support floor of ₹310 and is comfortably holding onto higher ground. Momentum traders are keeping a close watch on this counter as its short-term 50-day EMA prepares to cross above the long-term 200-day EMA, a highly revered technical phenomenon known as a Golden Cross. With the RSI maintaining its position above 60, further technical expansion looks highly probable from its baseline close of ₹358.65.India Nippon Electricals: Volume Surge Backs Multi-Month Range BreakoutRounding out the technical list is India Nippon Electricals, with Choice Broking suggesting an entry around ₹944. The stock carries a short-term upside target of ₹1,020, while the protective stop-loss is fixed firmly at ₹900.The stock has cleared a crucial psychological hurdle, breaking out of a multi-month sideways consolidation zone while consistently printing a textbook pattern of higher lows. This upward price action is accompanied by a substantial surge in daily trading volumes, indicating aggressive institutional or retail accumulation. Backed by a strong RSI holding steady around 67, the bullish trend appears well-positioned to continue higher from its last tracked closing price of ₹956.00.

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