Technical analyst Kunal Kamble of Bonanza has identified Vijaya Diagnostics, Vodafone Idea and Punjab National Bank as stocks to watch, citing bullish price action, improving volumes and positive momentum.
Disclaimer: This article is based on technical views shared by Kunal Kamble, Senior Technical Research Analyst at Bonanza. The views are his own and are provided for informational purposes only. Investors should conduct their own research and consult a qualified financial adviser before making investment decisions.
Vijaya Diagnostics
Vijaya Diagnostics has delivered a strong breakout above the ₹1,430 resistance zone, supported by positive price action and improving trading volumes.
The stock is trading above its major exponential moving averages (EMAs), while the Relative Strength Index (RSI) has moved above 70, indicating strong bullish momentum.
Buy: ₹1,510
Stop Loss: ₹1,450
Target: ₹1,625
Vodafone Idea
Vodafone Idea has recovered strongly from the ₹12.60 support level, with positive price action and improving volumes.
The stock is trading above its major EMAs, while RSI has moved above 50, suggesting improving momentum and the possibility of further upside.
Buy: ₹13.50
Stop Loss: ₹12.60
Target: ₹15.25
Punjab National Bank
Punjab National Bank (PNB) has broken above the ₹115–116 resistance zone, accompanied by strong bullish price action and higher volumes.
The stock remains above its major EMAs, while RSI is above 70, indicating strong momentum.
Buy: ₹119
Stop Loss: ₹112
Target: ₹132
Key Levels at a Glance
| Stock | Buy Level | Stop Loss | Target |
|---|---|---|---|
| Vijaya Diagnostics | ₹1,510 | ₹1,450 | ₹1,625 |
| Vodafone Idea | ₹13.50 | ₹12.60 | ₹15.25 |
| PNB | ₹119 | ₹112 | ₹132 |
Investor Note: These are technical-analysis calls, not guaranteed returns. Stock prices can move sharply due to market conditions, news, results and broader economic factors.
