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Technical breakouts put select PSU and metal stocks in the spotlight
Bullish technical breakouts in Engineers India and NMDC signal improving momentum as volume expansion and pattern confirmations strengthen the near-term trading outlook.
Technical stock recommendations for the day highlight bullish setups in and , according to analysis . Engineers India has broken out of a five-month descending triangle near ₹205, supported by strong volumes and RSI moving above 60, indicating momentum shift. NMDC has decisively crossed the ₹80 resistance after prolonged consolidation, forming an inverse head and shoulders pattern and trading above key moving averages, reinforcing a constructive medium-term outlook.