Sign InBreakout Stocks of Week 17 @ XBOM
NASDAQ was up by impressive 6.84% last week (week 16) ending at 24,468.48 points points after ending the week prior at 22,902.89 points. Normally this would indicate a weaker week ahead of us. 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 Ipca Laboratories Limited XBOM:IPCALAB. This stock has had a buy signal since Apr 15, 2026 when the price was ₹1,471.55 , but have so far fallen -0.241% to ₹1,468.00. Some other companies are on our watchlist to, among these are United Breweries Limited XBOM:UBL Anand Rathi Wealth Limited XBOM:ANANDRATHI G.M.Breweries Limited XBOM:GMBREW and Ajanta Pharma Limited XBOM:AJANTPHARM which all got a breakout pattern emerging.
| Date | Company | Price | Week 17 |
|---|---|---|---|
| Ipca Laboratories Limited | ₹1,468.00 | ₹1,558.15 | 6.14% |
| United Breweries Limited | ₹1,494.10 | ₹1,476.75 | -1.16% |
| Anand Rathi Wealth Limited | ₹1,844.78 | ₹1,789.70 | -2.99% |
| G.m.breweries Limited | ₹990.05 | ₹961.80 | -2.85% |
| Ajanta Pharma Limited | ₹2,790.15 | ₹2,767.15 | -0.82% |
The Ipca Laboratories Limited stock price gained 0.462% on the last trading day (Friday, 17th Apr 2026), rising from ₹1,461.25 to ₹1,468.00. During the last trading day the stock fluctuated 1.13% from a day low at ₹1,457.40 to a day high of ₹1,473.80. The price has been going up and down for this period, and there has been a -2.84% 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, 7 thousand more shares were traded than the day before. In total, 17 thousand shares were bought and sold for approximately ₹24.30 million.
Ipca Laboratories Limited holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
The United Breweries Limited stock price gained 2.40% on the last trading day (Friday, 17th Apr 2026), rising from ₹1,459.15 to ₹1,494.10. During the last trading day the stock fluctuated 3.99% from a day low at ₹1,457.05 to a day high of ₹1,515.15. The price has fallen in 6 of the last 10 days and is down by -5.62% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 5 thousand more shares were traded than the day before. In total, 12 thousand shares were bought and sold for approximately ₹18.19 million.
United Breweries Limited holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
The Anand Rathi Wealth Limited stock price gained 1.66% on the last trading day (Friday, 17th Apr 2026), rising from ₹1,814.63 to ₹1,844.78. During the last trading day the stock fluctuated 3.02% from a day low at ₹1,810.40 to a day high of ₹1,865.00. The price has risen in 8 of the last 10 days and is up by 18.54% over the past 2 weeks. Volume fell on the last day by -21 thousand shares and in total, 13 thousand shares were bought and sold for approximately ₹24.16 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.
Anand Rathi Wealth Limited holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
The G.M.Breweries Limited stock price gained 1.65% on the last trading day (Friday, 17th Apr 2026), rising from ₹973.95 to ₹990.05. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 2.31% from a day low at ₹973.95 to a day high of ₹996.40. The price has risen in 6 of the last 10 days but is still down by -5.63% for this period. Volume fell on the last day by -1 thousand shares and in total, 5 thousand shares were bought and sold for approximately ₹5.12 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.
G.M.Breweries Limited holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
The Ajanta Pharma Limited stock price fell by -1.23% on the last day (Friday, 17th Apr 2026) from ₹2,825.00 to ₹2,790.15. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 2.83% from a day low at ₹2,785.00 to a day high of ₹2,863.85. The price has fallen in 7 of the last 10 days and is down by -1.11% for this period. Volume has increased on the last day by 1 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, 4 thousand shares were bought and sold for approximately ₹12.51 million.
Ajanta Pharma Limited holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
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 |
|---|---|---|
EAT
$140.46
|
13.01% | Jun 05 |
TPR
$140.47
|
3.50% | Jun 04 |
GLBE
$31.61
|
5.09% | May 05 |
FIZZ
$34.11
|
8.36% | May 01 |
|
W
WCLD
$27.34
|
12.18% | Apr 29 |
