LUMAXTECH & MUTHOOTMF - Breakout Stocks to Watch This Week!1️⃣ Lumax Auto Technologies NSE:LUMAXTECH — Fresh Breakout Alert
Lumax is riding a strong uptrend and has cleanly broken above the upper boundary of its ascending parallel channel.
If this breakout sustains, the stock could see a sharp upside rally ahead.
Rising volumes are confirming strong buyer interest, giving this move an extra edge.
2️⃣ Muthoot Microfin NSE:MUTHOOTMF — Failed Rising Wedge, Strong Reversal Setup
A failed rising wedge pattern is playing out as the price has broken above the trendline resistance, flipping the structure into a bullish signal.
Even better — heavy volume buildup is reinforcing the strength of this emerging reversal.
⚡Both counters show early signs of momentum — watch for follow-through!
MUTHOOTMF
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Resistance Breakout in MUTHOOTMF
BUY TODAY SELL TOMORROW for 5%
Muthoot Microfin LTD – Major Breakout in Play!🟦 Blue Line: 200 DEMA
Still overhead, but the recent price action indicates a potential shift in trend. Price reclaiming above this zone will be another bullish confirmation.
📌 Breakout Highlights:
Counter Trendline Breakout: Price shattered the CT-based trendline with high volume.
W-Bottom Formation: A textbook double bottom structure is visible with neckline breakout.
Green Path: Illustrates the bullish trajectory already played out post breakout.
Red Zone: Key resistance turned support — now a potential demand zone on retest.
Yellow Path: A healthy retest scenario could play out, offering better R:R entries. A pullback to the neckline before continuation would be ideal.
🔔 Keep it on your radar — structure, volume, and trend all align for a bullish bias.



