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According to Mehul Kothari, DVP - Technical Research, Anand Rathi Shares and Stock Brokers, , Diffusion Engineers, and are the today:Intellect Design – 50% Retracement + Oversold RSIBuy near: ₹930–₹910 | Stop Loss: ₹770 | Target: ₹1,200After making a high of ₹1,200 in June 2025, the stock corrected towards ₹900, retracing nearly 50% of the prior rally from ₹600 to ₹1,200. It has retested the 200 DEMA, which is close to the 200 SMA. Daily RSI is approaching the oversold zone, indicating limited downside. The risk-reward is attractive for fresh longs.
Diffusion Engineers – Consolidation Base + Momentum ShiftBuy near: ₹335 | Stop Loss: ₹299 | Target: ₹405A newly listed stock on NSE with limited price history, but the available data indicates a consolidation phase. Oscillators like RSI and ADX are hinting at a potential momentum shift. With a strong base already in place, this appears to be a relatively safe bet for fresh buying.
Sumitomo Chemical – Breakout Retest OpportunityBuy near: ₹580 | Stop Loss: ₹545 | Target: ₹650In July, the stock witnessed a major breakout around ₹580, followed by a rally towards ₹650+. It has now retested the breakout zone, keeping the overall bullish structure intact. The breakout’s potential remains, making this a favorable buying opportunity.
Disclaimer: The opinions, analyses and recommendations expressed herein are those of brokerage and do not reflect the views of The Times of India. Always consult with a qualified investment advisor or financial planner before making any investment decisions.The TOI Business Desk is a vigilant and dedicated team of journal...
Read MoreThe TOI Business Desk is a vigilant and dedicated team of journalists committed to delivering the latest and most relevant business news from around the world to readers of The Times of India. The primary focus of the TOI Business Desk is to keep a watchful eye on the global business landscape, covering a wide spectrum of industries, markets, economic trends, in-depth analysis, exclusive reports and breaking stories that impact businesses and economies. With a mission to provide valuable insights and updates, the desk ensures that TOI readers are well-informed about the ever-changing and dynamic world of commerce and can navigate the complexities of the business world.
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