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 Thirumalai Chemicals Limited NSE:TIRUMALCHM Indian Energy Exchange Limited NSE:IEX Century Plyboards (India) Limited NSE:CENTURYPLY and Shakti Pumps (India) Limited NSE:SHAKTIPUMP which all got a breakout pattern emerging.
| Date | Company | Price | Change |
|---|---|---|---|
| Ola Electric Mobility Ltd | ₹41.49 | ₹43.32 ( 4th Jun 2026 ) | 4.41% |
| Thirumalai Chemicals Limited | ₹205.23 | ₹178.80 ( 4th Jun 2026 ) | -12.88% |
| Indian Energy Exchange Limited | ₹128.31 | ₹124.07 ( 4th Jun 2026 ) | -3.30% |
| Century Plyboards (india) Limited | ₹773.35 | ₹764.10 ( 4th Jun 2026 ) | -1.20% |
| Shakti Pumps (india) Limited | ₹524.75 | ₹532.20 ( 4th Jun 2026 ) | 1.42% |
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 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.
The Century Plyboards (India) Limited stock price gained 0.468% on the last trading day (Friday, 29th May 2026), rising from ₹769.75 to ₹773.35. During the last trading day the stock fluctuated 4.90% from a day low at ₹748.35 to a day high of ₹785.00. The price has been going up and down for this period, and there has been a 0.55% gain for the last 2 weeks. Volume fell on the last day by -15 thousand shares and in total, 122 thousand shares were bought and sold for approximately ₹94.73 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
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 Century Plyboards (India) Limited stock to perform well in the short-term.
About Century Plyboards (India) Limited:
Century Plyboards (India) Limited manufactures and sells plywood, laminates, decorative veneers, medium density fiber boards (MDF), pre-laminated boards, particle boards, and flush doors in India. The company operates through Plywood, Laminate, MDF, Particle Board, CFS Services, and Others segments. It offers plywood, block-board, veneer, and timber; decorative laminates; and plain and pre-laminated medium density fibre boards, as well as particle boards. The company also provides container freight stations services; trades in chemicals and panel products; and offers pre-engineered doors, fibre cement boards, and PVC sheets. It also exports its products. The company provides its products primarily under the CENTURYDOORS, CENTURYLAMINATES, CENTURYVENEERS, Zykron, STARKE, and CENTURYPLY brands. Century Plyboards (India) Limited was incorporated in 1982 and is headquartered in Kolkata, India.
The Shakti Pumps (India) Limited stock price gained 2.92% on the last trading day (Friday, 29th May 2026), rising from ₹509.85 to ₹524.75. During the last trading day the stock fluctuated 5.21% from a day low at ₹508.80 to a day high of ₹535.30. The price has been going up and down for this period, and there has been a -1.12% loss 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, 1 million more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately ₹712.94 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 Shakti Pumps (India) Limited stock to perform well in the short-term.
About Shakti Pumps (India) Limited:
Shakti Pumps (India) Limited engages in the manufacture and sale of submersible pumps and motors under the Shakti brand name in India. Its products include submersible, solar, vertical multistage centrifugal, monoblock end suction, pressure booster, wastewater, open well, helical, shallow well and slow speed, immersible, single shaft vertical multistage, solar openwell, micro smart, micro surface, horizontal split-case, firefighting, and plug and play pumps, as well as submersible, surface, and slip start synchronous motors. The company also provides solar pump controllers, solar drives, starters, inverters, RMS/IoT dongles, DU/DT filters, mechanical seal, and hydro-pneumatic booster systems, as well as support services. Its pumps are used for flood and micro irrigation, horticulture, domestic water supply, commercial, and industrial applications. The company also exports its products to approximately 100 countries. Shakti Pumps (India) Limited was incorporated in 1982 and is headquartered in Pithampur, 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 |
|---|---|---|
LITE
$905.00
|
3.65% | Jun 01 |
RUN
$12.83
|
15.74% | May 06 |
GLBE
$31.61
|
0.569% | May 05 |
SAP
$172.39
|
4.80% | May 05 |
ADBE
$243.57
|
5.20% | Apr 29 |
