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Market Movers: Bharti Hexacom and Emami Show Bullish Signals Amid Broader Trends

Market Movers: Bharti Hexacom and Emami Show Bullish Signals Amid Broader Trends

Published:
2025-08-02 16:20:02
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BTCCSquare news:

Bharti Hexacom's stock surged 3.7% last week, breaking through a key resistance level at ₹1,830. The rebound from support at ₹1,730 signals growing bullish momentum. Analysts project a near-term rally to ₹2,000, with strategic entry points at ₹1,840 and accumulation opportunities at ₹1,800. Stop-loss levels are advised at ₹1,710, tightening to ₹1,820 upon reaching ₹1,920.

Emami shares climbed nearly 8% last week, forming a higher low pattern and crossing critical moving averages. Despite potential short-term corrections, the trajectory points toward ₹820 in coming months. Investors are recommended to enter at ₹615, with additional accumulation at ₹580 and a stop-loss at ₹540. Progressive stop-loss adjustments to ₹650 and ₹720 are suggested as the stock approaches ₹700 and ₹760, respectively.

Varun Beverages exhibits signs of a trend reversal, though details were truncated in the original report. The broader market context suggests selective bullish opportunities in fundamentally strong equities with clear technical confirmations.

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