Sign InBreakout Stocks of Week 23 @ NSE
NASDAQ was up last week (week 22) by 2.40% ending at 26,976.35 points after gaining 632.38 points during the week. Our system has detected some possible breakout stocks for the following week and these should be on your watchlist. These are the stocks that are bouncing up with good increase in volume and are likely to do good in short term. One of these stocks are Ola Electric Mobility Ltd NSE:OLAELEC. This stock has had a buy signal since Apr 02, 2026 when the price was ₹28.34 and is so far up 46.40% to ₹41.49. Some other companies are on our watchlist to, among these are E2e Networks Limited NSE:E2E Trent Limited NSE:TRENT Thirumalai Chemicals Limited NSE:TIRUMALCHM and Indian Energy Exchange Limited NSE:IEX which all got a breakout pattern emerging.
| Date | Company | Price | Week 23 |
|---|---|---|---|
| Ola Electric Mobility Ltd | ₹41.49 | ₹44.88 | 8.17% |
| E2e Networks Limited | ₹392.24 | ₹452.90 | 15.47% |
| Trent Limited | ₹2,816.00 | ₹2,774.20 | -1.48% |
| Thirumalai Chemicals Limited | ₹205.23 | ₹174.14 | -15.15% |
| Indian Energy Exchange Limited | ₹128.31 | ₹122.38 | -4.62% |
The Ola Electric Mobility Ltd stock price gained 10.40% on the last trading day (Friday, 29th May 2026), rising from ₹37.58 to ₹41.49. During the last trading day the stock fluctuated 8.15% from a day low at ₹39.65 to a day high of ₹42.88. The price has been going up and down for this period, and there has been a 15.19% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 258 million more shares were traded than the day before. In total, 326 million shares were bought and sold for approximately ₹13.53 billion.
Ola Electric Mobility Ltd holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.
The E2e Networks Limited stock price gained 0.97% on the last trading day (Friday, 29th May 2026), rising from ₹388.47 to ₹392.24. It has now gained 7 days in a row. It is not often that stocks manage to gain so many days in a row, and falls for a day or two should be expected. During the last trading day the stock fluctuated 6.74% from a day low at ₹381.31 to a day high of ₹407.00. The price has risen in 8 of the last 10 days and is up by 20.54% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 857 thousand more shares were traded than the day before. In total, 3 million shares were bought and sold for approximately ₹1.23 billion.
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.
The Trent Limited stock price fell by -0.368% on the last day (Friday, 29th May 2026) from ₹2,826.40 to ₹2,816.00. During the last trading day the stock fluctuated 3.48% from a day low at ₹2,793.33 to a day high of ₹2,890.47. The price has risen in 6 of the last 10 days and is up by 3.42% over the past 2 weeks. Volume has increased on the last day by 934 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 2 million shares were bought and sold for approximately ₹5.00 billion.
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.
About Trent Limited:
Trent Limited, together with its subsidiaries, operates a chain of retail stores primarily under the Westside brand in India. The company's Westside stores provides women's wear, men's wear, kids' wear, footwear, innerwear, beauty, accessories, and home furniture products. It also operates hypermarket and supermarket stores under the Star Market brand, which offer food and groceries, home care, apparel, home decor, health and beauty products, and non-vegetarian products. In addition, the company provides lifestyle products, including toys, frontlist books, and sports merchandise under the Landmark brand. Further, it offers apparels and footwear for men, women, and children under the Zudio brand; and ethnic apparels, beauty products, and accessories under the Utsa brand. As of March 31, 2022, the company operated 200 Westside stores; 61 Star Market stores; and 233 Zudio stores. Trent Limited was incorporated in 1952 and is based in Mumbai, India.
The Thirumalai Chemicals Limited stock price fell by -3.68% on the last day (Friday, 29th May 2026) from ₹213.07 to ₹205.23. During the last trading day the stock fluctuated 6.19% from a day low at ₹203.06 to a day high of ₹215.62. The price has risen in 6 of the last 10 days and is up by 0.64% over the past 2 weeks. Volume has increased on the last day by 24 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 241 thousand shares were bought and sold for approximately ₹49.42 million.
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Thirumalai Chemicals Limited stock to perform well in the short-term.
About Thirumalai Chemicals Limited:
Thirumalai Chemicals Limited manufactures and sells organic chemicals in India. It offers phthalic anhydride, maleic anhydride, malic acid, fumaric acid, and diethyl phthalate; and generates power from wind operated generators, as well as engineering and technical services. The company serves plastics, paints, food, cosmetic, and pharmaceutical industries. It also exports its chemical products to approximately 34 countries. The company was incorporated in 1972 and is based in Mumbai, India.
The Indian Energy Exchange Limited stock price gained 0.659% on the last trading day (Friday, 29th May 2026), rising from ₹127.47 to ₹128.31. During the last trading day the stock fluctuated 2.67% from a day low at ₹126.43 to a day high of ₹129.80. The price has risen in 7 of the last 10 days and is up by 0.61% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 3 million more shares were traded than the day before. In total, 7 million shares were bought and sold for approximately ₹912.37 million.
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Indian Energy Exchange Limited stock to perform well in the short-term.
About Indian Energy Exchange Limited:
Indian Energy Exchange Limited operates a power trading platform. The company enables price discovery and risk management for participants of the electricity market, including industries eligible for open access. Its products include Day-Ahead-Market, a physical electricity trading market for deliveries for any/some/all 15 minute time blocks in 24 hours of next day starting from midnight; Term-Ahead-Market that provides a range of products allowing participants to buy/sell electricity on intra-day, day-ahead contingency, and daily and weekly contracts; Real-Time Market, an auction session every half an hour with power to be delivered after 4 time blocks or an hour after gate closure of the auction; Renewable Energy Certificates to ease the purchase of renewable energy by the state utilities and obligated entities; and Energy Saving Certificates. The company was incorporated in 2007 and is based in New Delhi, India.
Despite these candidates are looking good from a technical perspective they may not perform as expected. You should always be cautious when trading and base your decisions on more than one source of information. This does not constitute an offer or recommendation to buy or sell securities.
GOLDEN STAR
| Ticker | Change | Signal Date |
|---|---|---|
SRPT
$17.02
|
5.52% | Jun 29 |
ROP
$331.60
|
4.54% | Jun 24 |
JLL
$299.78
|
4.87% | Jun 24 |
NESR
$25.07
|
16.83% | Jun 23 |
CAG
$13.43
|
5.36% | Jun 23 |
