5 Stocks Showing Fresh 52-week High Technical Breakout on Daily Charts Amid Market Rise


52-week high Technical Breakout occurs when a stock breaks the highest price level with strong momentum. Its Key characteristics are that no overhead resistances are there, and the resistance is broken with strong momentum. 

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JSW Holdings Limited is the investment arm of the JSW Group, primarily engaged in holding long-term strategic investments in group companies. Incorporated in 2001, the company is classified as a Non-Banking Financial Company (NBFC)

With a market capitalization of Rs. 23,695 crores, the stock is trading at Rs. 21,348. The breakout took place at the Price of Rs. 19,500

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Established in 1973 and headquartered in Raipur, Chhattisgarh. Sarda Energy & Minerals Limited (SEML) is a leading Indian producer of steel, ferroalloys, and power, with a strong presence in the mining and metals industry.

With a market capitalization of Rs. 19,594 crores, the stock is trading at Rs. 556. The breakout took place at the Price of Rs. 515.

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Founded in 1970 and headquartered in Gurugram, India SRF Limited is a diversified Indian multinational conglomerate engaged in chemicals, packaging films, technical textiles, and specialty chemicals.

With a market capitalization of Rs. 88,542 crores, the stock is trading at Rs. 2,987. The breakout took place at the Price of Rs. 2,833.

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Established in 1961 and headquartered in Pune, India Gabriel India Limited is a leading automotive component manufacturer, specializing in shock absorbers, struts, and suspension systems. 

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With a market capitalization of Rs. 8,197 crores, the stock is trading at Rs. 570. The breakout took place at the Price of Rs. 550.

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India Shelter Finance Corporation Limited (ISFC) is a housing finance company (HFC) specializing in providing affordable home loans to low- and middle-income families in India.

With a market capitalization of Rs. 8,729 crores, the stock is trading at Rs. 809. The breakout took place at the Price of Rs. 790.

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Written By Abhishek Das

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