Technical analysts are highlighting two specific stocks as potential growth drivers for the start of the week. Both Jayaswal Neco Industries and Alkyl Amines have demonstrated significant strength in recent sessions, characterized by rising trading volumes and favorable technical indicators.
Jayaswal Neco Industries has captured investor attention following a breakout that signals further upside potential. Market observers have set a price target of Rs 110, noting that the stock remains well-positioned above its primary moving averages, suggesting a healthy bullish trend.
Simultaneously, Alkyl Amines is showing signs of renewed momentum. With a target price of Rs 2,250, analysts point to an improving Relative Strength Index (RSI) as evidence that the stock is poised for additional gains as it continues to build on its current technical structure.
Investors are advised to keep a close watch on these names as they navigate the current market volatility, keeping trade discipline in mind as the stocks approach their designated resistance levels.
